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Posts Tagged ‘greek strikes’

Greek Financial Crisis>Political Crisis>Social Crisis

Posted by Larry Doyle on February 25th, 2010 8:35 AM |

I would equate the forces at work underlying our global economy akin to shifts in the earth’s tectonic plates. There is no doubt that we experienced a sizable financial earthquake in 2008. The question now begs whether that seismic shock was the culmination of events or merely the precursor for greater political and social shocks over the next period of years.

We see evidence of further tectonic slippage and resulting instability out of the Euro-zone overnight as rating agencies are threatening to downgrade Greece’s sovereign credit. (more…)






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