Quote:
Originally Posted by Kavy
|
Global markets will drop if anti-austerity governments or minority or coalition based governments are elected in Greece.
The Canadian Government is doing the smart thing by looking to increase and put a greater emphasis on markets outside of Europe and outside of North America.
There's no point in giving favorable trade status to broke countries that are probably going to default on debts accumulated.
I would almost have to think that if an anti-austerity government hits Greece that the EU and specifically Germany will say F this and push for Greece being firewalled from the EU or thrown out all together.
Germany and the EU can't afford to keep throwing money at Greece.