Greece ponders the unthinkable
There is likely a little grandstanding for the benefit of the Euro leadership in Michalos comments, yet as a technocrat it only makes sense to consider the implications of all alternatives.
On Friday afternoon, Constantine Michalos, president of the Athens chamber of commerce, sat in his office – around the corner from where protesters were hurling chunks of marble at riot police – and contemplated what was once unthinkable:
“All hell would break loose,” Mr Michalos said, sketching a society that would quickly run short of fuel, food, medicine and necessities. “You would have social upheaval.”