A Greek deadline is like the speed of light. The closer you get to the harder it is to reach.
You know how children's immune systems are screwed up these days because the don’t play in the dirt anymore? Well the same goes for 25 yr old French quants.
Does the GBE/GPE trade in the fix?
GBE = Greek Bank Euros . GPE = Greek Pocket Euros.
You can be sure of two things you in life - Death and journalist looking for a crying Greek person, preferably by an ATM.
Using option terminology we can say-
EU ATM is ATM
Greek ATM is OTM
Tsipras is an oximoron
Famous Greek quotes from history -
"The Euro in your pocket is worth the same today as it was yesterday. Shame I can’t say the same about the one in your bank account."
Friends, Germans, Countrymen. Lend me your Euros.
Et Tu Coelho
"I have in my hand a piece of paper signed by the Chancellor of Germany ….Errr hang on where did I put it?
Float a new currency, Stung by ECB.
Martin Luther Kyklades
I have a dream that one day this nation will rise up, read the 90 pages of complex proposals set before us by our EU creditors and have the economic understanding and intellectual ability to not only fully comprehend them but to cast judgement on them in full consideration of the fact that we might royally screw this up
Bill Clintofakis -
1) - Let me say this again, I did not have financial agreements with that woman
2) - Indeed I did have an agreement with Frau Merkel that was not appropriate, in fact it was wrong. It constituted a critical lapse in judgement.
Euro, or not Euro: that is the question:
Whether 'tis nobler in the mind to suffer
The slings and arrows of outrageous fortune,
Or to take arms against a sea of troubles,
And by opposing end them? To die: to sleep;
Alas poor Yanis, I knew him well.
Once more unto Brussels, dear friends, once more;
To close the wall up of our Euro debt.
In peace there’s nothing so becomes a man
As modest stillness and humility,
....... But that really isn’t me.
Never in the field of European debt has so much been owed by so few to so many
Tsipras 2015 A.D.; Athens, Greece (he doesn't even need to change this one)
It is this fate, I solemnly assure you, that I dread for you, when the time comes that you make your reckoning, and realize that there is no longer anything that can be done. May you never find yourselves, men of Athens, in such a position!