Sunday, June 28, 2015

Will There Be A "Grexit"?

Will Greece leave the EU? What will happen to the Euro if a "Grexit" happens? What will happen to Greece economy if they leave the EU?

Check out Jim Rickard's take on this current development in Greece.

"Greece’s headline drama will unfold the same way it has for the last five years. There will be a lot of turmoil. I’m not saying there aren’t problems in Greece; there are big problems there. But what I’ve said all along going back to 2010 is that Greece isn’t leaving the euro; there will be no Grexit.

Nobody’s going to get kicked out or qui

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