I Shall Not, Will Not, Promise Not To Talk About That Place . . . You Know, That Birthplace of Democracy Place

All you read these days is that birthplace of democracy place defaulting, capital controls, Tsiprais this, Troika that, IMF wants this, ECB demands that, does Merkel's hair ever move, etc.  I am personally tired of it all, so I am absolutely not, no way, no how, going to talk about it. 

Let's instead talk about some of the other PIIGS, shall we.  Nothing substantive other than to note they are increasing their public debt and debt to GDP ratios at an alarming rate:

http://www.zerohedge.com/news/2015-06-16/there-one-problem-europes-so-called-austerity

So me thinks they may ultimately follow the lead of that other country, you know the one I promised not to mention, and do their own version of Grexit.  Sure, they will wait and see how that works for you know who, but assuming after a couple of years of extreme pain it looks like a smart move, they might start scratching the old backside and considering options.  But rather than speculate, let's just assume that they do and try to come up with some catchy names for it, like Grexit.  

We begin with Portugal.  If you have any thoughts on this just leave a comment.  I am thinking:

Portugo

Leaving Port

Port - a - potty

Porting Ways

Not really happy with any of these, so please help.  Let's try Spain instead, which is also a tough one:

Spain't-here-no-more

Spain't-going-to-take-it-any-more

Spexit

Spandexit

I like the last one though it is a bit of a stretch (okay, I really am digging)  Last but not least, we come to Italy:

Ciao

Italbegoinnow

Quitaly

Exitaly

Certainly the last couple have some promise. Oh, you disagree?  So you think this is easy do ya? Well, go ahead then, see what you can come up with.

Meanwhile, I will go back to not talking about Gree . . . oops, that was close.

June 20th Update

Lest you think I jest at the suggestion other countries might follow the Grexit lead, you should start following some European election results.  Seems a bit of frustration brewing with the whole EU thingy.

http://globaleconomicanalysis.blogspot.com/2015/06/euroskeptics-to-form-government-in_19.html

Who would have seen that coming? (though I did mention like six years ago here that the U was ultimately leaving the EU, a forecast that was not well received at the time.)

http://financialspiltmilk.blogspot.com/2011/09/eu_25.html

A monetary union without a fiscal union is not a good combination.