El-Erian: The Graccident, as captured by the FT’s front page

The writer is chief economic adviser to Allianz and chair of US President Barack Obama’s Global Development Council _____

Sensing that this could be “history in the making” for Greece and for Europe, I decided a few weeks ago to keep physical copies of the FT (yes, I still get a physical copy!). While the inside of the paper contained rich reporting and comprehensive analysis, the headlines on the front page ended up providing a great feel for what transpired in this horrific tragedy.