Letter: The $100 Bet on Greece
HJL, As I write this, Greece and its financial woes are in the news again. There is nothing especially surprising about that, as Greece has been there before. Greece has been in a state of “soft default” since at least 2009. For the last five years Greece and the EU have engaged in on again – off again negotiations trying to tap dance around what has become known as “The Greek Debt Crisis”. The can, as they say, has been kicked down the road several times. At the end of this month (June 2015), Greece is due to cough up …