May 24, 2012

And It's Yassou From Us

Greece will leave the eurozone on 1st January 2013.

So says this piece

It also says:

"Greece will leave the single currency eurozone on January 1, 2013, a senior economist at the world's second-largest currency trading bank has claimed.


Citigroup said Greece's new currency would fall immediately by 60 per cent - and unleash a massive, yet manageable, wave of contagion across Europe."

We will watch (and sympathise) as Greece undergoes more and more pain until they are released on 1 Jan 2013.

A rapid exit would have been so much better for the Greek people.

Best of luck to you all.

CR.
at

3 comments:

  1. Fidel Cuntstruck24 May 2012 at 17:00

    A rapid exit wouldn't have allowed all those other noble institutions the chance to grab back as many Euro as they can though, would it?

    I guess there aren't too many of them wanting a load of Drachma.

    ReplyDelete
  2. Captain Ranty24 May 2012 at 18:12

    FC,

    That sounds like a solid reason to drag it out for another 6 months.

    I am clearly not cynical enough yet!

    CR.

    ReplyDelete
  3. Anonymous25 May 2012 at 07:43

    Kind of silly playing Europe and GB straight into USrael's hands. They want the EU to fail and had a lot to do with it. Citigroup are are part of the ziomercun money empire.
    The game is substantially bigger than the average Tabloid-reading Mong can ever comprehend.

    ReplyDelete

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