IMF says Greek debt is 'highly unsustainable' Could be taken in the positive - IMF not happy coz debt obligations payable :O
Now that would be a real problem for the money changers - everyone satisfy debt and live within ones means
Lots of dissent in Syriza, the deputy finance minister has just resigned. Lets see how this parliament vote goes.
Greece debt crisis: Parliament to debate tough debt laws - http://www.bbc.co.uk/news/world-europe-33535205
Note the feel good stories hit the airwaves when there is a micro market blip upward, everything's fine now, todays entertainment over, settle back to normal resumption. How many more bullets will be dodged till BAM right in the kisser.
Greece: 107 out of 201 members of Syriza's central committee call for No and a party conference. Won't derail today's vote but significant
Yellen will be talking in 25 minutes, can watch it here http://financialservices.house.gov/calendar/eventsingle.aspx?EventID=399319
ECB press conference/Mario Draghi talking in 15 mins https://www.ecb.europa.eu/press/tvservices/webcast/html/webcast_150716.en.html
Will we see bank runs? I have a feeling confidence in the banking system isn't exactly high at the moment.
Yeah, they might not allow big withdrawals in cash, but what if they just use their debit/credit cards on lots of gold/silver?? lol That could be easily liquidated into Euros.
Greek debt crisis: Germany 'may consider' debt relief - http://www.bbc.co.uk/news/world-europe-33587330
Shanghai composite closed above 4000 today Australian Q2 CPI figures tomorrow, American GDP numbers are next week