The Europe Crisis I believe continues unabated. The Greek restructuring of debt and subsequent second bailout I felt was probably 90% assured because no European Bureaucrat actually has any answer to the Europe Crisis.  This Greek Bond Haircut it is a default in every sense of the word. The dictionary defines default as: Noun: Failure to fulfill an obligation, esp. to repay a loan. Verb: Fail to fulfill an obligation such as to repay a loan. Europe Crisis Is A Question Of What Might Hurt Less The Bureaucrats who run Europe seemed to feel / Read More

Should investors be concerned about the Greek Debt Crisis? After a recent visit to Greece, I believe investors should be worried about the Greek Debt Crisis and what will amount to a Europe Debt Crisis probably before year-end. Greece cannot afford the living standard that has been built on debt both sovereign and personal. I believe that stock markets and investors around the world are unprepared for the stock market collapses that will happen when Greece defaults. Europe’s Banks which hold at least 100 billion of Greek debt have been moved further down / Read More

The Greek Debt Crisis continues to unfold yet many investors do not understand what is happening or really what it is about. Today’s Globe and Mail contained by far the best article I have read on the Greek Debt Crisis. Globe and Mail authors Brain Milner and Claire Neary must be congratulated for writing this insightful report. Select this Greek Debt Crisis link to read their article. One of the best description in their article is the old Warren Buffet saying that in a financial crisis you can see who’s swimming naked. In / Read More