s8, sorry I couldn't help myself. No disrespect intended.
My guess is that if Greece doesn't get it's $8billion advance (because it hasn't been aggressive enough cutting spending etc) then it will default on possible maturing debt around that amount.
If the EZ banks freeze interbank lending then all hell will break loose an there could be possible runs on banks.
The ECB would have printers at the ready to thwart any liquidity problems. But by then the financial system would be in near panic.
This may not happen but there are those that believe shares etc are a safe investment then there are those that can see through that and use the market in reverse. Plus dozens of other ways.
So even when there's a share dumping going on there's someone buying.
Possibly readers of this forum are savvy enough to be traders or at least prepared to sell stock as readily to buy.
Then Economics isn't a forum with many readers is it? Does that tell you something?
