Roubini Eyes "Perfect Storm" and Bond Market Revolt; German Central Bank Says Greek Default Would Not Destabilize the Euro; Time to Short Treasuries?

``In a radical departure from the viewpoint of Jean-Claude Trichet, the president of the German central banks says Greek Default Would Not Destabilize the Euro... [Mish:] A default is given. The question now is whether that default will be orderly or disorderly. If a default is coming, it makes no sense to throw more money at it.''