No More Money - Greece

Telegraph: Reports that the Deputy Greek PM Theodoros Pangalos has stated that Greece will run out of money in six weeks.

Lets Get Real:

The Greek Elite is playing hard ball, its scaring its own voters and the general Greek people. It is fair to postulate that even if Greece does leave the Euro the EU wont allow Greece to starve, these kind of scare tactics will only push the Greek voters to the extremes of the right and left. The EU would make sure that Greek civic order did not fall apart, it would give it money to keep the system going while Greece reforms its own currency. Thus expect sometime in the near future for Greece to close its banks, impose border controls for currency, prevent the transfer of Greek money out of the Country, that might be to late, there have been various reports that Greeks have been moving their money out for months. In the long term the Greeks might be better off, at least they can press the restart button and start anew, make the Classic Greeks proud of modern Greece, its been a long time since that has happened to Greece.