Yes, Greece will default

Richard North has drawn together predictions that Greece is bound to default, from Andrew Alexander and Andreas Whittam Smith.

Commentators naturally want to distinguish themselves from the herd, so we have How much will it matter financially? (quite a lot, but no one has the faintest idea), Will Germany be blamed? (probably yes, but unfairly), Will the eurozone collapse? (no).

Still the politicians are behind the curve, stuck in what Redwood witheringly calls "Pretend and Extend".

But Greece will default - the feckless Greeks won't stand for continuing pointless economic discipline. They don't do economic discipline even when it does make sense.

What we don't know is how much more taxpayers' money the EU will throw at Greece first. Probably quite a lot, because Greece's politicians will cynically vote through the next required austerity package with not the slightest intention of putting it into practice, simply because they know that vote will bring them more of other people's money.

The only certainty in the eurozone crisis is that Greece will default, and will leave the euro.