Grexit – A Potentially Dangerous Outcome?

Paul Krugman’s rather alarmist perspective on the potential consequences of a Greek exit from the Eurozone:

http://www.nytimes.com/2015/06/01/opinion/paul-krugman-that-1914-feeling.html

Krugman states:

“There’s a definite 1914 feeling to what’s happening, a sense that pride, annoyance, and sheer miscalculation are leading Europe off a cliff it could and should have avoided.”