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Greece entering its own great depression

Greece is “about to dive into a Great Depression”, according to emerging markets specialists at GLG Partners.

Karim Abdel-Motaal, managing director and co-manager of the company’s emerging markets investment program, says the demise of Greece means “the Eurozone is now going to come face to face with what it means to have a common currency area, but different agents in it”.

AdvertisementGreece came under fire from the European Commission last week in a report claiming the country had mis-stated its public finances.

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About Moe Bedard
Moe Bedard is a human rights advocate and speaker of the truth. He is the founder of FreeorDie.org. LoanSafe.org and LoanWorkout.org. Moe has been featured in the New York Times, LA Times, Fox Business and many other media outlets around the world. His goal online is to spread the truth, hope and spirituality via the internet.

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