After reading essays from political and financial pundits and looking at market charts, “Greece will be contained” seems to be the consensus conclusion following Samaras’ defeat — that no matter what happens in Greece, the ECB can and will purchase European sovereign debt; Greek stocks are a buy; Even the most dire outlooks have Greece exiting the Eurozone with grace.
Yet again, I am afraid that the financial elite have misunderstood social mood and the impact of chronic underconfidence….