WOW Asian markets down again today. Shanghai Stock Exchange down over 5% today again! That's around 30% down in 3 weeks.
Latest (from newspaper reports) - The daily allowance of cash from many ATM machines has already dropped from 60 to 50, purportedly because 20 notes are running out - The financial contagion is spreading fast as petrol stations and small businesses stop accepting credit cards
This past week of chaos in Greece will assure a Yes win on Sunday I dread, playing right into the hands of the EU and IMF as Tsipras and Varoufakis become footnotes and a technocratic government is installed until elections can be held again.
[youtube]http://www.youtube.com/watch?v=g3YF38exVNo[/youtube] Good indepth interview with Varoufakis, 18 minutes long
[youtube]http://www.youtube.com/watch?v=3oZtPK6hqLU[/youtube] Must watch, flashback from the past. For what it's worth Jeffrey Sachs is now saying Greece should vote NO, and default.
Get your popcorn ready, Greece is awake and polls are open, exit polls when voting closes is about 2am australian eastern time I think. Oh how I can't wait to see the reaction from Merkel and Schaeuble if NO gets the majority.
The yaya army will be out in full force believing they will be protecting their pensions with a yes vote