Sunday, July 05, 2015

Shares will tank tomorrow - Greek Crisis


Lets Get Real:

The first signs should be the Asia markets, it can be expected with the trouble with China markets to add to the pressure, the UK and US markets should see a sell off due to the Asian results and the latest news from the EU and Greece.   The Greeks are deluded if they think that their banks will be open on Tuesday, they will be lucky if they are opened at the end of the week.   As stated the final decision is down to the ECB, do they throw out their tough rules on lending or do they throw the rules out of the window.   The Germans might have problems with the French, the French left it can be argued has more in common with the Greek left than mainstream French politics.   Also the Countries that have done austerity will be asking why Greece is given a pass when they went through tough economic reform.   Interesting days ahead. 

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