12 May 2015 - Lots of work still to be done by Greece before cash crunch in two weeks time

12 May 2015 - Lots of work still to be done by Greece before cash crunch in two weeks time

(editorial)

1. Design of new drachme
2. Selection of just-in-time drachme printing facilities
3. Progamming: switchting euro bank accounts to drachme, overnight, when on Greek territory
4. Preparation of referendum (1. cut conforming Schaüble 2. own drachma)
5. Buying domain name http://www.δραχμή.gr/ from internetavenue@outlook.com

'Kicking out' someone of the eurozone is not foreseen by the eurozone designers (they stupidly forgot to ask Blankert Consultancy BV for advice), it is difficult to do so.

Regarding 'getting money back': IMF has no army :) en Greece is within NATO :)

So, as Schaüble realises, the best anti-Greece part of EU can do is hope that Greece will hold referendum and that Greece citizens will vote themselves out of euro - or introduce a parallel currency.

Germany c.s. can only hope that cash crunches hurt the Greeks more, than they hurt the creditors.....

This is all without considering the geo-reason that dr. Faber found crucial on May 11.

An option would be to pay Greece an annual 'geo-bonus' just for being located at the black Sea and preventing Russia marching in, but probably other countries would be jealous after this geo-bonus (10% of Greek GDP paid by EU as 'geo-bonus'?)

Philippe Blankert 12 May 2015 http://euro-drachma-grexit.blogspot.nl/

PS: Varoufakis: 'referendum not on the radar' - http://www.hellenicshippingnews.com/greece-referendum-on-bailout-not-on-radar-screen-varoufakis-says/

PS2: Grexit chances 1 in 4, but what about second currency?

http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_12/05/2015_549953