Whatever European governments and the ECB say, Greece will default, as I have repeatedly explained in this blog, from the beginning. A British economist, Andrew Lilico, explores what will follow, after the default, in a Daily Telegraph blogpost, here .
I believe some of these events will indeed materialize, even if all of them don’t.
“It’ll be tomorrow, a month’s time, a year’s time, or two years’ time (it won’t be longer than that).”
Just wait for some more official denials ...