Don’t Derail Your Plan Over Greece
Investors certainly have enough to worry about these days. In addition to concerns about the Greek crisis itself, a lot of investors are worried about the risk of it spreading. Greece did indeed default on its International Monetary Fund (IMF) loan, but has since repaid it with the new rescue package it received.
Many of these investors began envisioning a repeat of what’s come to be called the Asian Contagion, which started in Thailand in the summer of 1997 and then spread throughout Southeast Asia.
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