The seeds of a blame game between the North and South of Europe, war is not out of the question:

"Germany’s EU commissioner Günther Oettinger said Europe should send blue helmets to take control of Greek tax collection and liquidate state assets. They had better be well armed. The headlines in the Greek press have been "Unconditional Capitulation", and "Terrorization of Greeks", and even “Fourth Reich”."

""The euro should not exist," said Stephane Deo from UBS. It creates more costs than benefits for the weak. Its "dysfunctional nature" was disguised by a credit bubble. The error is now "painfully obvious".

Yet Mr Deo warns that EMU exit would not be as painless as departing the ERM in 1992. Monetary unions do not break up lightly. The denouement usually entails civil disorder, even war."

Read more:

http://www.telegraph.co....ssured-destruction.html

Chilling stuff

Former default experienced central banker (Argentina) gives a word of advice to Greece - 'default like there's no tomorrow & refuse the IMF recession causing conditioned packages'...

http://www.bloomberg.com...ntina-s-blejer-says.html

Austria parliament at loggerheads voting for the extension of EFSF... The screws are tightening on Greece...

http://www.youtube.com/watch?v=Y2DqFRsPrns - There are 3 ways to make money in this ponzi business; be first, be smarter or cheat... Margin calls coming soon...

'Remember this day boys, remember this day'

A lot of money for 1 guy to lose

If he had MADE 2 Billion dollars would he still have been arrested? Ha! He'd probably be sitting in a much bigger (not to mention corner) office

No wonder I couldn't stand school

http://www.youtube.com/watch?v=hkPvSCq5ZXk