A SYRIZA victory will be taken by the Greek society and foreign investors in general as a default and an exit from the euro (the only way Tsipras has to make good on the largest part of his promises).

The two are not connected.

And fuck the foreign "investors."

As Michael Spence put it yesterday, under such scenario everything mobile will simply move away.

So stop it at the border. The only really mobile assets in Greece are the ships. Money can be repatriated retroactively.

The problem is that this will happen with the caretaker government still in place, before Tsipras is sworn in.

Can't. Takes time to dismantle factories. Particularly when the union picket has as many crowbars as the demolition crews.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.