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Subject Greek default coming? NO DEAL THIS MONDAY? then THIS IS REAL > potentially explosive info about greece : GREEK DEFAULT MARCH 20 WATCH THREAD

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Just before midnight GMT Saturday, within hours of Bruno Waterfield’s piece about German finance ministry Greek default preparations appearing at the London Daily Telegraph site, The Slog received confirmation from a New York based banking source that – whatever German Chancellor Angela Merkel’s public stance may be – plans have been firmed up on both sides of the Atlantic for “an inevitable Greek default some time in the third week of March 2012″.

There will be no deal Sunday or Monday,” the New York source asserted, “Once the ECB is in shape, and now Draghi is happy with the key eurobanks’ viability, the Athens Government will be encouraged to declare itself bankrupt. I would have to assume most of the smart creditors have already sensed this. Nobody apart from a few Greek negotiators has paid them any real attention for days now. I guess the German preparations have surfaced because the EU now feels fairly safe.”

sources:
[link to thenewbiesilverinvestor.blogspot.com]

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