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How to Avoid Another Greek Debt Crisis
Combine rebounding European equities with the Greek sovereign debt crisis of 2009, and it’s not unreasonable to expect that many investors are not paying much attention to the “G” in the once infamous PIIGS acronym. Since then, Greece was demoted to emerging markets status and, prior to the coronavirus pandemic, yields on Greek sovereign bonds were steadily declining, indicating investor appetite for debt once deemed risky was robust. Thing is, many of the problems that got Greece into trouble in the first place haven’t actually been solved, as WisdomTree Head of Equity Strategy Jeff Weniger details. ... (full story)
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Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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The elites think we are stupid. They are in the main quite correct.
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