Bloomberg News says Greece will have 46 hours to jump start their currency this coming weekend.
Greece may have only a 46-hour window
of opportunity should it need to plot a route out of the euro.
That’s how much time the country’s leaders would probably
have to enact any departure from the single currency while
global markets are largely closed, from the end of trading in
New York on a Friday to Monday’s market opening in Wellington,
New Zealand, based on a synthesis of euro-exit scenarios from 21
economists, analysts and academics.
Over the two days, leaders would have to calm civil unrest
while managing a potential sovereign default, planning a new
currency, recapitalizing the banks, stemming the outflow of
capital and seeking a way to pay bills once the bailout lifeline
is cut. The risk is that the task would overwhelm any new
government in a country that has had to be rescued twice since
2010 because it couldn’t manage its public finances.
The Schteveo News Service is going to cash out it's Savings Account Friday afternoon. And if we don't have a SHTF scenario before Monday morning, I'll see what the World Economy looks like, then I might even get it back in there, later next week.
As previously proven in here, I'm a notoriously hyper vigilant PITA, but I suggest you NOT leave home without cash, starting Friday Morning. That Debit Card / ATM Card you use daily for coffee, bagels, bread, milk and toilet paper might be a piece of BS plastic by Saturday Morning. Saturday morning hell!
If the Greeks are going to jump out of the EU, they'll start 5 minutes after Wall Street closes for the weekend. Meaning our finances could get 'hinky' also along with theirs.
I just wish I had money to buy gold and silver right now. If the EU falls apart, those metals could sky rocket.