Alexrpt — German newspaper editor for Die Zeit calls it…Tsipras won. Even if Greece leaves Eurozone, it stays in EU with ‘access to zillions of money’

German Chancellor Angela Merkel “knows she does not want to have a dead body on her hands — not in Europe, not in her Europe,” Josef Joffe told CNN’s Christiane Amanpour on Monday.

Is it game theory at its best? 

Is this why Alexis Tsipras and Yanis Varoufakis were so relaxed throughout this whole process? 

Perhaps the only reason Tsipras is actually working to strike a deal with creditors is because he has been given a cleat mandate by the people…negotiate a better debt deal, but do not leave the Eurozone. 

So Tsipras is negotiating to get a debt deal that, at its best, eases five years of austerity, but at its worst does not mean a Grexit…but even at its worst one fact should be emphasised, Greece will remain in the European Union. 

Let’s emphasise this again. Even if Greece leaves the Eurozone (the currency union) it will remain in the European Union, and that means access to all the benefits of the EU without the terror of the currency.

Merkel knows this. Hollande knows this, and this is why German newspaper editor of Die Zeit, Josef Joffe, believes the EU will eventually blink…and even if it does not blink, which is possible knowing the poor calibre of leader Merkel is, Tsipras and Varoufakis may actually have the last laugh.

The free market will ensure that whatever Greece lacks, due to its past Euro import-dependant economy, its future “drachma” economy will find ways to substitute and this will snowball into big time growth.