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The small depositors aren't the immediate Trigger Point problem. ECB is risking Capital Flight:

...occurs when assets or money rapidly flow out of a country, due to an event of economic consequence.

by a small number of trans-national large depositors which could have serious (Read:  ah-YEE!) negative  effects and impacts on the $700 TRILLION global derivative market.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Sun Mar 17th, 2013 at 02:44:05 PM EST
[ Parent ]
 
the $700 TRILLION global derivative market

The tail that wags the world could get rather active next week.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Mar 17th, 2013 at 02:53:45 PM EST
[ Parent ]

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