A Nuclear Deal With Iran Appears To Be Imminent! Here we (or is it I) go again mixing global politics with business. But, in reality, isn’t business in a linked global economy and geopolitics basically intertwined? After all with Greece facing debt repayment issues and the potential of being forced to leave the EU (My Big Fat Greek Analogy), […]
Will the EU and the world dodge a financial bullet by kicking the can down the road for a 3rd time in Greece? An infusion of money by the EU into Greece that will be combined with promises of additional austerity measures, increased taxes and slashed pensions, may stave off the inevitable sovereign debt default and […]
(Update 11:32 AM: As if investor angst wasn’t running at a high enough level already, trading on the floor of the NYSE for ALL stocks has been suspended for an as of yet undetermined reason although off-floor third market trading is still taking place!) (Update 1:45 PM: Is yesterday’s Tweet from the cyber-hacking organization Anonymous […]
Do Americans, waking-up to the fact that Greece has voted NO to its creditors demands, also understand the risks posed by China and Puerto Rico? Not to mention the potential for serious financial angst in other U.S. cities and countries around the world such as Italy and Spain when they see how Greece makes out. The […]
Sunday the Greeks will be holding a vote on whether or not the country wants to stay in the Eurozone (as I write this the outcome is termed to close to call)! But certainly the story, regardless of whether the vote there is yay or nay, likely does not end there. Unfortunately excessive debt is certainly not […]
