Poor Greece

If my reading is correct on this:

http://www.telegraph.co.uk/finance/economics/11871992/Battered-Greek-banks-to-flout-Brussels-new-bail-in-rules.html

the EU money lenders now require that every Greek depositor must take an 8% hit on every Euro  that he deposits into his bank account.

Who on earth would be willing to take an 8% drop in an investment just to buy a given stock of choice.

The requirement is bureaucratic unsanity. Already, the evidence is that the people of Greece are NOT putting any money into their banks.

I pray the good sense of the people of Greece will prevail.