Tag Archives: Plotting The Trust (Or Lack Thereof) In Greek Banks; Greece Capital Flight In Pictures

Mish/ Mike Shedlock – Plotting The Trust (Or Lack Thereof) In Greek Banks; Greece Capital Flight In Pictures – 23 March 2015

MishMikeShedlockGreece Capital Flight in Pictures

Using Target2 Imbalances as a measure of capital flight and trust that Greeks have in their banks, here are two charts that pretty much tell the full story.

Greece Target2 Imbalance January 2014 to February 2015
image: https://lucas2012infos.files.wordpress.com/2015/03/f306e-greece2bcapital2bflight.png?w=300 Continue reading