[themartorana]

It's pretty insane that after the referendum, Tsipras tipped his hat that he still wanted a deal (word is the government never actually did any planning for a new sovereign currency and Tsipras was secretly hoping to lose the referendum [0] ) and Germany came back with one of the most crushing term sheets possible, basically set up to remove Greek sovereignty completely. If you love history, read the term sheets [1].

I expected Greece to be pushed out of the Eurozone just on the term sheets alone. I can't possibly see how this ends without another referendum in another handful of years and a Grexit in the end, anyway.

[0] http://mobile.nytimes.com/blogs/krugman/2015/07/12/disaster-...

[1] https://twitter.com/EdConwaySky/status/620272062771429377/ph...

[dpflan]

Krugman on the "madness" of the demands and "Killing the European Project": http://krugman.blogs.nytimes.com/2015/07/12/killing-the-euro...

[neumann]

I'd like a more indepth analysis of [1] and related stories.

At a glance it seems that there is a big push for privatisation and more power for capital over labour to encourage business, which the cynic in me assumes will be for the rest of Europe to exploit.