Markets on edge ahead of US jobs data, elections

Markets were on edge Friday ahead of crucial U.S. jobs figures and weekend elections in France and Greece that could have a big bearing on how Europe's debt crisis plays out.

Michael Pettis at China Financial Markets asks the question "Will Greece unravel by Christmas?"Pettis makes a historical case for exactly that while stating "I don’t think Europe can postpone Greece’s exit much longer."　From Pettis, via Email, with Permission ....Will Greece unravel by Christmas?