We Europeans showed tonight that we reached the right conclusions.

[TGregg]

Quote from Rashid_G.:

When you screw your creditors doesn't your cost of borrowing spike and future borrowing difficult? That's the way the credit system I know works..

Banks are up, Euro up, Stocks are up... no downside??

There's downside in the usual places that the average voter does not watch. For instance, Greek two years are yielding an impressive 80%:

http://www.bloomberg.com/apps/quote?ticker=GGGB2YR:IND