The Core

Why We Are Here => Economics & Investing => Topic started by: littleman on October 15, 2014, 06:13:11 PM

Title: "Greece Is In Full-Blown Stock Market Collapse"
Post by: littleman on October 15, 2014, 06:13:11 PM

http://www.businessinsider.com/greece-down-2014-10

I guess the question is: who does it pull down with it?

Title: Re: "Greece Is In Full-Blown Stock Market Collapse"
Post by: nffc on October 15, 2014, 08:47:23 PM

I think it is really difficult to judge some economy's. I speak with a little similar experience of south asia but generally what you "see" may not be what you get.

The "black" economy is huge in many European countries, that has the effect of hiding the downturn but also the upswing. Greece is a good example, Italy too....

https://uk.finance.yahoo.com/news/italy-lifts-recession-thanks-hookers-125450203.html