I haven't done my research but I keep hearing that there are trillions and trillions of dollars in derivatives wrapped up with Greece that a default would just completely wreak havoc on the system....so if this stands true than there is a 100% chance Greece doesn't default and its not kicked out. .so basically its a win win situation ...
Aside from that think of how many hundreds of trillions in derivatives are actually out there and what would happen to the system if this derivative market were to collapse....why did they allow it to get has great as it has...
There is over $700 Trillion with some estimates as high as a quadtrillion dollars ...its 20% greater than it was right before the collapse and financial crisis just some years ago in 2008....
So if Greece defaults the derivative market would be in tested and they will not allow this to happen so Greece will get another free handout and all will be forgiven
Aside from that think of how many hundreds of trillions in derivatives are actually out there and what would happen to the system if this derivative market were to collapse....why did they allow it to get has great as it has...
There is over $700 Trillion with some estimates as high as a quadtrillion dollars ...its 20% greater than it was right before the collapse and financial crisis just some years ago in 2008....
So if Greece defaults the derivative market would be in tested and they will not allow this to happen so Greece will get another free handout and all will be forgiven