It’s that time of year now for making travel-plans, and so we see this from Vox’s Matt Yglesias:
Ah, but click through to actually read the article! (You do take care to do that every time, right?) Surveying the arguments actually presented there for going to Greece now, what one comes up with is: 1) Greece is cheap; 2) It’s the “right thing to do”; and 3) Greece is pretty safe (here citing figures from, of course, some past, more “normal” period that did not feature closed banks and a full-blown financial crisis).
Actually, Yglesias’ piece inadvertently presents some good arguments why not to go just now. “Bring cash to Greece” warns one of his section-headlines, and rightly so. First of all, more and more places won’t want you to pay with plastic, because current restrictions mean they can’t get quick access to that money. And while it may be true that cash-withdrawals for those using foreign credit- or debitcards are not limited, it’s likely going to be a struggle to find an ATM that has not run out of money.
When you do find one, do not assume that the Greeks’ supposed love for tourists extends to allowing them to cut in front of the long lines in front of those ATMs – so that it may well be empty by the time it is your turn. And don’t think that your efforts towards making it emptier by extracting your foreigner’s amount will be appreciated, either. Then consider the happy hunting-grounds for muggers made possible by the knowledge that everyone is carrying around so much cash, for burglars and room-thieves knowing that everyone has to store all that cash somewhere. (more…)