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– Silent Bank Run In Greece: ‘Anxious Greeks Emptying Their Bank Accounts’ (Spiegel)
– Hedge Fund Manager Kyle Bass Explains The New World Order (Panel Presentation):
Don’t believe these governments when they tell you everything is going to fine. The day before Mexico devalued by 60% they denied that they would ever devalue. They can and will never tell you the truth. Find your own numbers.
– Greece will leave euro if second bailout fails, says Kapsis (Telegraph, Jan. 3, 2012):
Greece will have to leave the eurozone if it fails to clinch a deal on a second, 130 billion euro bailout with its international lenders, a government spokesman said on Tuesday.
It was an unusually public stark warning from the embattled country, aimed at shoring up domestic support for tough measures and possibly also at the lenders themselves.
“The bailout agreement needs to be signed otherwise we will be out of the markets, out of the euro,” spokesman Pantelis Kapsis told Skai TV. “The situation will be much worse.”