http://www.bbc.com/news/world-europe-33305019 On this rate within 48 hours all greek ATM's will be drained of all money. Is this going to spread to AUS?
Not at this time. The engineered "contagion" would have to be huge and highly organized for this to spread. We are talking about a population of 11 million. Having said that, do expect things to begin to spread over time. They want the whole system under total control, they've made this very clear. Greece is a dry run...
http://www.businessinsider.com.au/h...t-the-escalating-debt-crisis-in-greece-2015-6 Westpac is now saying it is expecting volatility in Asian markets as they open this morning. So the fact that the big 4 banks have commented on what just happened in Greece should be a wake up a call if you ask me.
Of course strategists at the banks are going to comment on it, it's big news in the banking industry. No reason to read anything more into it than that. It's not like the CEO's came out and gave "don't worry, we are safe" speeches
http://www.asx.com.au/ down 2.0% in 15 min... honestly.. i've no shelled creature of an idea what that means.. but it is diving... does this count as affecting Australia?
