VIDEO: Greek election: What is at stake?

Inquiring minds are watching an interview by Max Keiser with Hugo Salinas Price on a plan to back Greek currency with silver. In the first half of the video below, Max discusses unelected bureaucrats "running a gulag casino state" for their own benefit, financial terrorism against Ireland, and the simple-but-true (yet seldom initiated) concept that "bad debt banks should go bankrupt". Max also blasts Christine Lagarde who herself pays no taxes yet harasses Greek citizens to pay theirs.

OVER the weekend, a colleague wrote at Schumpeter on a conference he'd recently chaired:At an Economist Conferences event for CFOs and finance directors in London this week, I asked the audience whether Greece would end up leaving the euro zone. Every single hand went up. Asked whether more countries than Greece would leave, roughly two-thirds of the audience agreed they would...

BURLINGTON, Ontario — Political considerations are likely to keep Canada from following Washington’s lead and selling its stake in General Motors Co , industry experts say, potentially until after the next general election, scheduled for 2015. While Finance Minister Jim Flaherty on Wednesday repeated that Canada has no interest in being a long-term shareholder, experts say that the government’s decision on when to sell will primarily hinge on political, rather than economic, factors.

Strong messages from the head or the IMF, the head of Deutsche Bank, and the president of the Bundesbank are highly likely to drive Greek voters away from New Democracy and Pasok in the June 17 elections. The Guardian writes It's payback time: don't expect sympathy – Lagarde to Greeks.

Eurogroup President Jeroen Dijsselbloem's response to the Cypriot parliament's decision to totally reject the Cypriot bank bailout deal today is only two sentences, and it offers no help at all:

In case you need further proof that economics professors are frequently clueless about economics, please consider Austrian Banks Facing Payback as Hungary’s $22 Billion Debt Slaves Revolt When Hungary’s former central bank governor was buying a house two months before Lehman Brothers Holdings Inc. collapsed and the country sought an emergency bailout, he received an offer he couldn’t refuse.

Edward Hugh submits: "The EU should create a mechanism to help out countries which found themselves in Greece's shoes. But one has to believe Greece will solve its problems by itself." This is the view expressed by Marek Belka Director of the IMF's European Office in an interview with Reuters last week. Asked whether the IMF would be ready to help bail out Greece, Belka said: "Yes, we are ready.