Sunday, April 19, 2015

19 April 2015 - Defaulting AND staying in eurozone?

http://www.ft.com/intl/cms/s/0/88ba8e50-e517-11e4-a02d-00144feab7de.html#axzz3Xm9rQWwj

Ins't the answer simple? In the past, defaulting banks were rescued by countries because they were 'system relevant', in 2015 the first defaulting country will be saved by banks (banknote printing authorities) because the COUNTRY (Greece) is 'system relevant'

:) JP Blankert 19 april 2015 - http://euro-drachma-grexit.blogspot.nl/

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