re: #146 Dr Lizardo

Their game is to extract the most concessions from creditors. Force them to write down debt. And then make them write down some more debt; their only threat is Grexit and even that isn’t credible since an alternative currency would take months to set up, which would leave all businesses and individuals and the government relying on a substitute currency, which would either be the euro or dollar.

#Greece’s creditors taking the GoodFellas approach to #GreeceReferendum: F-you, pay me. But Greece has to threaten #Grexit for better terms

— lawhawk (@lawhawk) July 6, 2015