I’ll stick with my Twitter prediction that yes there will be another “deal” of sorts, but it will break down rather rapidly, leading to true Grexit.Can the Greeks agree to this austerity plan, which is much more biting than the one they walked away from, when they just voted overwhelmingly against more austerity conditions? They may have no choice since they're broke, which is a terrible position to negotiate from.
Extra - Megan McArdle: "That suggests to me that we are now at the make-or-break moment for the Greek-Euro relationship. Either Greece will succeed with a fairly brutal austerity plan to the satisfaction of its euro-zone partners, or the next time they come to the table, the Greeks will be signing divorce papers."
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