After 2008, Greece came to symbolize global capitalism’s failure to balance credit and trade flows.
- Yianis Varoufakis
- Project Syndicate
Today, as the global mismatch between economic reality and financial returns grows, there is clear danger that, once again, the country is foreshadowing a new phase of the global crisis.
ATHENS – The eurozone country that has become synonymous with insolvency is today proving to be a treasure-trove for some.
Traders who bought Greek assets a few years ago have good reason to celebrate, having banked returns that no other market could have provided.
But, as is…