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GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Ms Sans Serif
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[quote:insertfunnyusername:MV8xODY4OTU4XzMxMzM1NzUwXzIwN0IzOUFE] [quote:Éireann:MV8xODY4OTU4XzMxMzM1NTA3X0MwRUM4QzI1] [quote:Luisport:MV8xODY4OTU4XzMxMzM1MzQ2X0Q3MEEwNTA1] zerohedge‏@zerohedge The Grexit "plan" was laid out two weeks ago by JPM: the "plan" involves realizing an immediate €400bn in losses [/quote] What? 'splain me, Luis. :) [/quote] The 400bn is aprrox. Greece's public debt (355,6bn to be exact). The banks will take immediately that loss and depending on Greece's actions after that, they could take a new hit of about 200-250bn which is the private debt that Greek citizens and business have. The thing is though that if JPM planned that i bet it will be messy. [/quote]
3 min Theodora Oikonomides‏@IrateGreek
#Greece Army has ordered a sudden, real-time preparedness exercise of Rapid Response force on a remote island, via @doleross #rbnews
link to twitter.com
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