Greece is the Word

Greece is the Word

Published on 03/01/2012

First it was Dubai, then Ireland and now it’s Greece. Is the UK next? Is sovereign debt the 2nd phase of the financial contagion?

Greek 1 year government bonds give a return of 439% – but with the heavy risk of default. Any default could set off a massive sell-off of government bonds within the eurozone and would represent an enormous destruction of wealth.

What are you doing to protect your wealth?

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