by Martin D. Weiss, Ph.D.
Money and Markets Is Greece going to default right now — THIS weekend?!The Greek finance ministry has given its officials instructions to deny, deny, deny!But Bloomberg reports that German Chancellor Angela Merkel is making contingency plans for possible 50% wipeout losses that could sink German banks if Greece defaults — even as soon as the next 72 hours.Whether it happens now or later is uncertain. But no matter when, the repercussions will undoubtedly be devastating — a global credit freeze that could dwarf the Lehman Brothers disaster of 2008.
That’s why the Dow, the Nasdaq and the S&P are crashing today.
[Then Martin goes on to invite you to watch his video, America's Financial Doomsday, which I feel certain contains his ideas about how to protect yourself, likely all good, but I'm not in the business of promoting anyone.]
Good luck and God bless!
Martin
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