If default is inevitable, then forcing an "orderly" Greek default may be the preferred option,...

|By:, SA News Editor

If default is inevitable, then forcing an "orderly" Greek default may be the preferred option, says Glenmede's Jason Pride. It could spur a relief rally for markets that have been pent up for so long with fear. The alternative - a disorderly or chaotic default - will be more damaging than the near meltdown the U.S. financial system experienced three years ago.