Mad Scramble to Prevent the Unpreventable and Contain the Uncontainable

"EU and ECB officials are scrambling like fools to come up with a "voluntary" solution to the Greek problem that will not trigger a default and spread contagion.

Please consider Juncker warns of contagion

Contagion from the Greek debt crisis could spread to at least five other European countries - including Belgium or even Italy - if it is not cautiously managed, the head of the eurozone group warned Saturday..."

at  http://globaleconomicanalysis.blogspot.com/2011/06/mad-scramble-to-prevent-unpreventable.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29