We are still in exciting times.. and Greeks could spark things off.
From a macro view, this situation is unseen/unreal.
The whole banking system is at a ATH of deceit and theft. And it's hitching.
So what if a greek bail in (vs bank runs vs end of cash) results in people seeking ways to just secure their wealth - not even making transactions.
What would the smart money (
not even the smart traders ) do when the dominos irremediably rolls over?From what I have been reading, Greeks have been buying luxury (ironically German) cars for months now in anticipation of capital controls - drive across border, sell for Euros as needed. I am not sure how much capital is left to flee from Greece TBH.
That said, the contagion potential is very real ... BUY AUDI AND BMW !!!