If you want to be scared, truly terrified, listen to Mark J. Grant… For the last two years, Mr. Grant, a managing director based in Florida at a regional investment bank, has been predicting the bankruptcy of Greece and a cascade of chaos across the global economy, attracting quite a following on Wall Street in…
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The day of sovereign defaults
by Bears Chat at The Wall Street Examiner • • 0 Comments
Any bears with solutions?
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What happens on the day sovereign defaults are declared? — and how does a small firm that relies on TTs from Europe/USA survive the turbulence?
Scenario: A small $50 million dollar company with business in SE Asia…
