Calculated Risk: Greece – who knows?

Indeed. If I were a betting man, or had any money to bet, I’d go with a managed (i.e., “politically spun for maximum benefit”) default.

UPDATE: What does this mean for you and I, Joe Consumer?  With the markets so intrinsically tied together, not good times for our IRAs or spending power.

Advertisements



    Leave a Reply

    Fill in your details below or click an icon to log in:

    WordPress.com Logo

    You are commenting using your WordPress.com account. Log Out / Change )

    Twitter picture

    You are commenting using your Twitter account. Log Out / Change )

    Facebook photo

    You are commenting using your Facebook account. Log Out / Change )

    Google+ photo

    You are commenting using your Google+ account. Log Out / Change )

    Connecting to %s



%d bloggers like this: