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Would that Papandreou would do something like that, but if he would, things likely would not have gotten to this point. But, perhaps some of your analysis will have spread in Greece via Talos and other ET bloggers.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Apr 15th, 2011 at 05:00:16 PM EST
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Yes and no. Let's be quite clear that what I'm proposing here amounts to little more than economic terrorism: Deliberately causing bank runs in other people's countries is undoubtedly a hostile and unfriendly act.

Of course, that's precisely what the ECB is doing right now, which sort of relativises the ethics of the matter...

- Jake

Austerity can only be implemented in the shadow of a concentration camp.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Apr 15th, 2011 at 05:17:05 PM EST
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