Brace, Brace. Dark Times Ahead As Greece Heads For The Exit -- Jeremy Warner, The Telegraph
European policymakers are about to commit another major blunder in their handling of the eurozone debt crisis, and this time it could well be fatal.
Mistakenly, they have convinced themselves that it won't much matter if Greece leaves, and indeed that it might even help resolve the wider crisis to get rid of this persistent thorn in the flesh.
Bring it on, they mutter callously; it will be a lot worse for them than for us. On one level, this is just bravado. It's an attempt to put as nonchalant a face as possible on the now apparently inevitable. But they also seem to believe in their validity of their own analysis – that they have indeed used the past two years well, and are now fully prepared for a Greek exit.
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