What Would Happen If Greece Doesn’t Pay the IMF: Q&A

Why does Greece want to unlock the remainder of the loan from the IMF just to give it back to the IMF?

Unless, the plan is to unlock the remainder of the loan then tell the IMF to go fuk themselves and finally leave the Eurozone with the $$$.

expect out right printing to cover the gaps left by Greece, the euro will be flushed if they left and kicked a reaction off with PIIGS. I would say .7 to the usd

With so much money now owed to other countries if they call in the debt collectors then Greece will probably be called Southern Germany

Things looking really grim for EUR right now.

Greece could potentially "bundle" all its principal repayments to the IMF into a single payment to be made later in the month to buy a few extra weeks for negotiations. However, that would probably be taken as a very risky move that could further increase pressure on its banks.

SOMEWHERE SOMEBODY must be making a ton of money with this circus !!!!!
Guess I am NOT smart enough to comprehend it all.

Totally agree, is not a matter of being stupid or smart, thing is that who makes the rules is the one that wins.
Us, the traders of 10.000 to 50.000$ or even 100.000$ we are convicted not to win.

So IMF is not like the rest of the creditors, it will hurt its credibility if Greece won't pay even though is not able to pay.
IMF is 100% managed by USA, believe me i 've made a research paper on them 15 years ago. So USA will not allow Greece to miss a payment, they will think something again. Maybe they will press their toy Merkel to give a political solution or they will figure something else, payment to IMF will be done.

Who believes that Cristine Lagarde is an alien?

Freddyfx

it's easy - short the euro.

Interesting explanation, now it gets clearer why everybody got so nervous when the Greek PM went to Moscow.

The IMF doesn't get paid.