Orderly or Disorderly Default?

My view:

This is generally a good interview with Mr. Stein.

What we need to keep in the forefront of our minds is the consequences of a disorderly default by Greece.

This nation has a great deal of history, being the birthplace of democracy for one, and will not take the totalitarian attitude of Germany lightly.

They may unexpectedly say "piss off" at a most inconvenient time for the markets, so be prepared with cash and precious metals.