Wednesday, June 17, 2015

GREECE IS MELTING

Drudge pic tells us what we need to know:



Out of everything being said and done in the negotiations, here is a strange one from the file of "Weird Quotes".

This from Greek's finance minister (H/T J):

"I rule out a 'Grexit' as a sensible solution, but no one can rule out everything. I can't even rule out a comet hitting Earth."

Wait, what?

A comet hitting the earth???

Well . . . alright then.

Read it for yourself. It's at the very bottom.

Greece, creditors dig in after debt talks founder

Things could be turning dire:

The Next Great European Financial Crisis Has Begun

No feel good stories here . . . sorry:

Will The ECB Finally Use The Greek "Nuclear Option" This Wednesdsay? This was not supposed to happen.

Grexit Contagion Uncontained: Peripheral Bond Risk Surges As Greek Banks Collapse

Did Greece's time just run out?

EU Prepares for Worst as Greece Drives Finances to Brink

Europe Warns Of "State Of Emergency" As Greek Stalemate Drags On

Greek Debt Committee Just Declared All Debt To The Troika "Illegal, Illegitimate, And Odious"

Forget "Happy Endings" - One Bank Sees Greek "Disorderly Default" As The Most Likely Outcome

"Lehman Weekend" Looms For Greece As Europe Readies "Emergency" Sunday Meeting

One Week After "Massive" Outflow, Greek Depositors Yank Another €600 Million From Local Banks

Greek Economy In "Doomsday" Tailspin: 59 Businesses, 613 Jobs Lost Each Day, Suppliers Demand Cash Up Front

FLASHBACK: GREECE AND DAVID WILKERSON