How many bailouts will Greece get before the inevitable default, or technical default, on its debt?
We’re headed for two and counting, perpetuating the myth that Greece can somehow avoid the inevitable.
What a Greek default will do to the rest of the world’s economy is a subject of rampant conjecture at this point – but it probably won’t be good. So it looks like it’s time once again to brush up on Greek mythology.
Click here to read the anthology of Greek myths I put together the last time Greece was headed to Hades. And click here for a quick summation of the situation in the New York Times.
