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Crisis In Greece: A Study

The Financial crisis in Greece has led to the worst economic meltdowns in modern times. The ripple effect is projected to hit the US shores as:
1. With plunging global markets, analysts claim that the situation in Greece could end the six-year bull market in the US. But this scare is pertinent if the crisis spread to other countries of the Euro zone too.
2. Since the Euro is plunging against the dollar, European holidays will become cheaper. Travel agencies are advertising deals on European vacations.
3. Mortgage rates are projected to be stagnant as it is closely follows the global markets.
To know more: http://www.washingtonpost.com/blogs/wonkblog/wp/2015/07/05/3-big-ways-the-crisis-in-greece-could-affect-americans-personally/

 

 

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