Barry P. Bosworth

I think exit will be a disaster in the short run, but staying in the euro just drags this out forever. As a long-run matter, Greece doesn’t have a viable future inside the Eurozone.

[A Greek referendum] is a large setback for the euro debt plan… they should start preparing for…[the] ejection of Greece from the euro zone.

[Treasury bonds] still are the place that people go when they're frightened. S&P just looked like another frightened bystander.

We have no historical example that is applicable to such a large country, so any forecasts of how [U.S. debt] will play out are speculative.