Mark Dow, the global macro hedge fund manager says “it’s going to be ok” and provides seven points to back up his reassuring words. Dow says 1) We’re more psychologically prepared for a Grexit than we were in 2010. 2) We’re now more financially prepared. 3) We’re more economically prepared. 4) Sword of Damocles has been hanging over the global economy–not just over Greece and the EZ. 5) Greece, with its own currency, would finally get a path to growth. 6) EZ would emerge stronger and 7) Having a template for leaving the euro is a good thing, not a bad one. Full blog post is here: (VIEW LINK)
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