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They certainly can threaten to stop any liquidity to Greece, collapsing all Greek banks.... and this is, I think, the threat the Greeks would receive.

So... if the election turn out as good as they might seem now, no austerity but all greek banks going under... what is the next step? out of the euro?... I guess.. or what? A country without banks nor savings... that would be interesting to see.

Am I wrong?

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Sun May 6th, 2012 at 05:19:10 PM EST
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