There is virtually no chance Greece will remain in the European Union. It is merely a question of time. Watching the bankers, the politicians, and the commentators try and dance around the inevitable is highly amusing. There is no doubt that at least one of the banking CEOs who is on Bloomberg or CNBC talking about how Greece will never default, is simultaneously moving funds out of Athens and to Dubai or New York or some other perceived safe haven. All of this talk of a long-term, actual resolution to Europe's sovereign debt crisis is just that: talk. And while they yap away, the fat cats will move their money and manipulate the system and stick it to the common shareholders and less influential pensions- not to mention future tax payers- to take the hit.
It almost makes the Occupy protests seem understandable.
