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I am not saying Greek people should be putting up punji stakes in their yards and turning empty wine bottles into Molotov cocktails but it is going to be an interesting few weeks/ months.
Now the point SD3 brought up is valid. Leaving is worth considering. This was clearly a glaring omission in my post. Can't see how I missed that obvious point but I did. That part of the discussion is complicated. I sort of talked about the pro's and con's of this awhile back. Family stuff as well as opportunity both at home and elsewhere matter a lot. A person with a deep social network who is happy where they are and doing OK, if not amazing money wise might not want to move. On the other hand a young well educated professional who is not especially tied to a specific area would be well advised to move to Germany, Belgium, Luxembourg or maybe Northern Europe.
Of course the point to physically hold precious metals and or Euro's is totally valid. That is where Ryan the Greek would be. Ryan's pantry would be stocked, his safe would be full of PM's and Euro's and his bank account would be empty.
Where I disagree with SD3 is that I do not believe the overall level of violence in Greece is going to be particularly high. I could be wrong but I just do not see it. Some rioting seems likely in Athens at this point but if I lived in a small town or village the odds of encountering a notably different level of violence seem minimal.
At the risk of generalizing I would say Europeans, and especially southern Europeans tend to be less economically oriented (cause or result of the countries being economic basket cases I can't say) and more family/ socially oriented. Many of these people are far less likely to immigrate if they are making it, even just barely.
So that is the update on yesterdays post and the current events in Greece.
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