The austerity approach to fix the Ero economy will be replaced by the money printing approach, a la helicopter Ben, so this may actually lift the commodities - eventually? It will be an interesting Monday, say the least. We'll get a preview of what to expect when the Asian markets open.
I agree, this might be good. The markets go up every time they think the US is going to print more money. It certainly looks like the tough austerity measures didn't work. Germany has a bad history with printing money and are adamantly against it, but the rest are crying out for some way to ease the austerity. Maybe Greece will leave the eurozone now, but it won't be as bad as when the crises first hit because they already negotiated that deal with their creditors.