1. Be a great opportunity to buy RE in the eurozone
2. Cause eurozone sovereign bond yields to increase
3. Cause US stocks to swoon (short term)
4. Cause US stocks to rally (short term)
5. Finally result in the guillotining of bankers.
6. Generally be of little consequence
A huge buying opportunity in Greece. Real Estate, stocks, everything. It might take a few months to get going, but once it does, good money to be made.
Buy when there is blood on the streets, sell when everyone is high on happiness.