AS AN ARGENTINIAN BANK ANALYST, LET ME TELL YOU what the GREEKS are doing NOW

they are milking the ECB to the last drop.
wish we had smart game theory masters liKE varoufakis.

with their delay tactics game, they a milking the emergency liquidity money being dropped by the ECB.

they are forced to keep adding liquidity while they are still inside .

now they call for a referendumm...yes right...in the middle of a bank run? r u stupid? you don`t waste time when you have a bank run...
Unless:

1) you want political cover to do what you want: default , and run. Russia has your cover?
2) milking ECB to the last drop. then you do the inevitable. default.
option 3) you are with the EUROCRATS. you want a referendum. and you say "see greeks, you want to stay with the EUROPEAN UNION. SO ACCEPT these austerity measures. IT WAS YOUR CALL in the first place!!" . and that`s it. you got political cover.



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The greeks are not stupid. They know they can`t pay the debt.
They know the economic history of ARgentina. THey know they are in the same position.

So they are using their best delay tactics to milk the ECB to the last drop.

They are giving their PEOPLE Time to go grab their cash


then, they go for the inevitable.


or

TSIPRAS is with THEM




I suspect he is covering his people and playing chess.

Smart greeks!