Beware Greeks bearing tin cups...
Can’t help but feel I, like quite a few other people, am watching a slow motion car crash happening. Not only is it going to be a car crash, but a pile up… maybe quite a big pile up… in fog… with trucks and cars and probably a few sheep involved as well… definitely quite a big car crash this one! Not entirely sure when it is going to happen but certain that it is going to happen! Oh yes, the car crash that is the Greek financial meltdown is coming to a bank near you! Can’t help wonder what happens next. Certainly it is going to hit Greece hardest. At least at first. And when I say hit, it’ll be a little like David Hayes giving Arthur Askey a right hook! I noted that somebody somewhere commented it was ‘outrageous’ there were suggestions bodies such as the ECB could step in and determine which assets within Greece should be sold off so that Greece could repay its debts. Well, I guess it’s not that outrageous really. If anybody else borrows excessively, gets into troubl...