Greece
Greece
Out of context: Reply #11
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Time to panic about Greece was last year. This is the result of it.
US will definitely take a hit but not as much since growth is maintained. While some multinational companies will take a hit, exposure to EU is relatively small as most have shifted their efforts to China.
Time to buy in to EU stocks (well in about a month or two). Give them a year to start recovering after EU breaks up. Fiscal policy fight will continue on but by the time its close to resolving, things would look better.
- would'nt be surprised if the EU kicked out Greece and a number of other nationsmonospaced