Greek Tragedy returns

I write back in May 2012 about Greece’s debt problems, its political problems, the potential for these driving Greece out of the Euro. Well, three years later and that fear is back. Greece missed a repayment to the IMF and, while this is not technically a bankruptcy, it is close. Emergency talks are taking place in Europe to cobble together a bailout but many of the major European countries are playing hardball with Greece. All of this is roiling the markets. My EAFE ETF is worst hit, down over 6% in a month.

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