Grexit — it's the politics, stupid | FT Markets

Markets are underestimating the impact of a Greek exit from the eurozone, according to David Riley, Bluebay Asset Management chief strategist and former Fitch rating analyst. He explains to FT's Ralph Atkins why he fears its political implications.

[madelinemccann]

The european union is a sham. Is there not a stat when a merger (between two companise) 9/10 fail. Why did they think if they try to merge 30 totally  different economies together it was going to work????

Seriously I'm all for a union between power houses and sensible people, hell if we had a few more germans here in the UK we may get some of that vorsprung durch tecnik working in our favour, but all the free movement of people brought me was theiving robbing romanian gypsies.

Oh yeah and now multinationals can hire all the cheap labour in other countries and ship it to my country without paying any taxes boosting their I wonder who's idea that was

[kostasdhmou]

simply. before some years companys started to move towards east since their expences would be much fewer % . so much of cash leaves the west. it would be usefull to spread democracy in real means towards east so the prices go up and have a new move of money westside moving closer to the balance(whoever is able do it please). the ice above russia breaks so she doesnt need that much greece as a road but only for her underground energy. The same do the americans want. Despite the fact that russia is cooperating with china and having this strong image i believe she's in a worse condition. probably she will play the role of the traitor, since noone will let china spread in almost the whole world. so here we have the 1st cooperation of usa and russia while theres crisis in europe with germany as leader but not above usa in any power term.Greece must say no to any meassures now because its the sales game that tries to sell greece land as a place and not as a country(much cheaper). moreover a grexit would be the start of the plans in action. 1st of all she wouldnt be helped from russia but dollar would be used in greece assuming that the eye of the west would fall on providing steam  after cyprus to greece and then ukraine to all europe. that would cause many strategical thoughts about the other powers russsia china . and i think in the end russia maybe will be providing steam in china ( not so sure).well the sart of this text is true about the past and the current situation. the future is not known