I’m taking a Risk Strategy class in my MBA course this semester and the concepts I have learned so far about country risk have persuaded me to delve deeper into the things happening around me. And thanks to the brilliant Professor Anurag Gupta, these things are now making sense. And what is happening in the world right now? Well, among other things, the Greek tragedy is one of the most important which is affecting everybody at this time. They’re going to run out of money soon.
This video from the financial times is a good summary for what the near term goal of Greece should be if they want to save their skins!