The Swiss central bank decision to leave the euro peg is still moving through the system and negotiations are continuing about who gets paid what from the shortfalls.
The austerity measures imposed on the Greeks are causing the same carnage the Germans suffered after WWI. The Greek citizens, especially the youth, are at he end of their rope. It may not matter what the slime ball leadership does. The riots in the street are near. The debt inspired collapse will have a temporary change in leadership followed by the more permanent form of government. History is replete with examples. If the slimeballs don’t get the fiat in the hands of the public instead of the bankers, the deflationary spiral will continue until it’s out of control and monetary velocity will approach zero.
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