Logic: Just like the Cena-Rock feud, this matchup has already started its road to WrestleMania. It certainly does not have the type of build that match does, but we've now seen the first shot taken in this potential Punk-Jericho bout.
It'll provide the card with another old vs. new angle which was something the company wanted for this event.
Wishful Thinking: This wishful thinking explanation really needs no explanation. Who wouldn't want to see this?
If Jericho and Punk do indeed engage in a WrestleMania feud, we can expect nothing less than pure entertainment. We'd be assured great microphone battles as well as incredible promo work that'll hopefully culminate into one of the best Mania matches of all-time.
Build-up: After Jericho delivered a Codebreaker to Punk on the last edition of Raw, we can only assume this match is going to happen. So to build off of that, this back and forth should go right through Elimination Chamber, leading all the way up to WrestleMania XXVIII. So obviously, I would have Punk retain his title in the Raw chamber match.
Starting now, I would send Jericho out to kick off the next episode of Raw. Here, Jericho would give reason to his sudden attack on Punk and once again go into the, "world is over" gimmick.
I'd also have Jericho claim that he, not Punk, is the, "best in the world." The two would fight over that moniker and fight for the WWE Championship at Mania.
Who Would Win: This match could go either way in terms of the victor. A win for either guy would make sense and would build their character a bit more. But since Jericho claims that he plans on staying with the company for a bit, I'll give him the win.
If creative wants to follow up on this apocalyptic Jericho angle, they should make him appear somewhat dominant. I feel as if Y2J has been a bit slighted since his return, given he has yet to start or end an episode of Raw. So to further Jericho's legacy and make the company more engaging, another title run for Jericho should be in order.
The main objective here, however, is for these two to put on a quality match.