The Germans have grown tired of bailing out the rest of the Euro's and get tougher each time they come back for another bail out so it makes me wonder what kind of domino effect if Greece crashes. We know that barry will screw us if called on for help. One would think that Silver and Gold will spike . This may be a time to think about buying some Silver and Gold ............................................... If Greece Leaves The Euro Then Spain, Italy And Germany Would Follow - Forbes If Greece Leaves The Euro Then Spain, Italy And Germany Would Follow At least that’s the claim from the Greek Defence Minister, Panos Kammenos, that if Greece were to leave the euro as the result of some failure of the debt renegotiation talks than Spain and Italy would follow out of the common currency. And in the end so would Germany. It’s certainly a possible ending to such a Grexit although it would probably be better if Germany were to leave the euro first. Panos Kammenos, Greece’s defense minister, spoke to German newspaper “Bild” on Saturday, saying his country’s leaving the euro could precede an exit by Italy and Spain, followed by Germany in the future. “If Greece explodes, Spain and Italy will be next and then at some point, Germany. We therefore need to find a way within the eurozone, but this way cannot be that the Greeks keep on having to pay, “Kammenos told Bild. As I’ve been saying for some time now the biggest threat to the continuance of the euro is not that Greece might leave, but that it might leave and then thrive. At which point people in Italy will indeed be asking, well, why do we have to suffer all this pain when we could just bring back the lira? And it is Italy that is really suffering most from the euro of those two countries mentioned, Italy and Spain. .......................................... Greek economy teeters on the edge | Business | M&G As bank withdrawal limits in Greece plummet, citizens have been thinking up contingency plans for 'in case'. “Everybody’s doing it,” says Joanna Christofosaki, who is standing near a Eurobank cash dispenser in Kolonaki, Athens. “Our friends have all done it. Nobody wants their money to be worthless tomorrow. Nobody wants to be unable to get at it.” A researcher at the Academy of Athens, Christofosaki says she knew people with “€10 000 somewhere at home” and others who kept their stash at work. Is she among them? “If I was, I certainly wouldn’t tell you.” This week in central Athens it was not too hard to find people worried the latest breakdown of talks between Greece and its creditors over a new aid-for-reforms deal may have implications for the security – and accessibility – of their savings. With time running out to secure a desperately needed €7.2-billion in new rescue funds before month-end, when Athens is due to repay €1.5-billion in loans to the International Monetary Fund, Greeks are withdrawing money from Greece’s banks at an unprecedented rate. Bank deposits have been falling steadily since October and now stand at their lowest level since 2004. Withdrawals in recent weeks have averaged €200-million to €250-million a day, but on Monday – after the shock collapse of last-ditch talks between the Greek government and its eurozone and international lenders – withdrawals surged to €400-million. Money transfers “People are concerned,” says a company owner who asked not to be named. “I think those who could have transferred money abroad. Others have taken out enough to see them through any crisis. I have.” Sofia, who runs a boutique in suburban Athens, says she and her husband have €15 000 in a safe, “to be sure we’re not caught out”.