2012-04-12blogspot.com

``After conversion and devaluation, the next step would be to impose a corralito on the Spanish economy: No one would be able to withdraw more than, say, NP$500 per week... secrecy--and surprise--would be key. This is the reason that, if and when there is in fact a Spanish exit of the eurozone, we will not hear a whisper about it until it actually happens. '' -- Except for this blog post, apparently ;)



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