The biggest slow motion train wreck in history, one that everyone knows how it ends just not when (especially
since the "when" is about 5 years overdue), that of the Greek sovereign
default may just got a bit more exciting earlier today when the WSJ reported that the IMF can no longer lie - like Mario Draghi did to Zero Hedge in 2013 - that there are preparation for a Plan B. To wit: "the
International Monetary Fund is working with national authorities in
southeastern Europe on contingency plans for a Greek default, a
senior fund official said—a rare public admission that regulators are
preparing for the potential failure to agree on continued aid for
Athens."
According to the WSJ, the IMF is focusing on nations neighboring Greece, asking their national banking supervisors to "ensure
that subsidiaries of Greek banks have enough assets that they can
exchange for emergency financing at their own central banks—in case financing from their parent institutions is suddenly cut off—and that deposit-insurance funds are at sufficient levels, Mr. Decressin said."
In other words, have a Greek default Plan B ready, preferably right now. 
