Investors Will Get Slammed in Any Grexit

Poor, beleaguered Greece hopes to get its next 7.1 billion ($7.5 billion) bailout payment in June, just in time to make roughly 6 billion ($6.5 billion) in payments to creditors in July.
Now, tense negotiations in Valetta, Malta, last month appeared to smooth some stumbling blocks to releasing the latest tranche of the 86 billion ($92 billion) ‘rescue package,’ but this deal is not a done deal.
Then again, it’s likely Greece will get its next handout… but there’s a better than even chance it might be its last.
And that should have investors all over the world, even in booming America, concerned.

This post was published at Examiner on April 19, 2017.