Get ready. The wisest man of the capital markets, Mohamed el Erian, is explaining to the talking heads of CNBC that there is an illusion of liquidity. And you can see that the always extremely optimistic CNBC crew starts wetting their pants and wants clarification and numbers.

Mohamed explains, that when there is not enough liquidity in the centre of the market, people may have to pay a premium on the previous price to get in or out of a market.

A fairy tale from 1001 Nights or a nightmare? Mohamed tells it as if it is a fairy tale, that may come real. Right there in the Mainstreet media.

http://finance.yahoo.com/news/el-erian-grexit-not-major-131752905.html