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Greece - What's next?
What's it going to cost?
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From "crazy" to "how do we do it?"
Do you remember the phases of the Greek disaster?
Phase One: "Greece has come problems, but it's the problems are contained there"
Phase Two: "Europe could be effected, but even if there are problems, the US is insulated."
Phase Three: "Yes, this could have an impact on the US, but Europe will solve the problem."
Phase Four: "Actually, this could have a big impact on the US and the rest of the world, but the 'bailout' plan will be successful."
Phase Five: "OK, this is serious, but the idea of Greece leaving the EU is unthinkable. Only idiots think it's possible."
Phase Six: "Uh, maybe it's possible that Greek will leave the European Union. Highly unlikely, but possible."
Phase Seven: "Holy sh*t! Greece is going to default for real. What's this going to cost?...What?! That much? The system can't absorb losses like that. What are we going to do?"
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