Yesterday, Greece got a new Prime Minister, after its New Democracy party won the weekend election. A center-right party. That’s significant, as I explain in the video I recorded for you today to discuss this important event.
The promise: We’re going to make Greece great again.
But can they deliver?
Can they turnrn their county around so that it’s no longer the problem child of Europe?
While they plan to go in the right direction, I think the challenges they face – particularly demographic and debt – are almost insurmountable. I elaborate in today’s video.
Around the 2:30 mark, I explain the more important lesson we should take away from what’s happening in Greece… particularly with the 2020 tipping point bearing down on us.
I also offer a forecast about where Greece will likely be in a few years, and which party will be in control.
What does the landslide election of the New Democracy Party in Greece mean for the world economy? Harry speculates on the future of their tax system, debt, & the country’s populist movement.
Posted by Economy and Markets on Tuesday, July 9, 2019