This brief video summarises the Greek financial situation today.
For me, the question is, will this situation be used to trigger the unravelling of the global financial system, which carries – literally – at least 1.4 quadrillion dollars in derivative exposure?
The system is beyond anyone’s ability to save it when it goes. In my view, intentionally.
Time will tell. If you didn’t watch this second video when I shared it, I suggest you do.