A Greek Canary in a Global Goldmine

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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…

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