Author and economic analyst John Sneisen and I break down the latest news out of Greece as the country fails to secure further bailout funds and their economy continues to crash and fall down a bottomless pit of debt.
This is the inevitable end of all centrally planned fiat empires, especially those running on a globalist monetary system like the Euro.
Greece has gone through bailouts, bail-ins and the populace is buried in debt which makes them especially subservient to their masters.
With an unemployment rate of 23.2%, a youth unemployment rate of 47.9% and a labor force participation rate of 51.9%, Greece teeters on the edge of a cliff and it's not getting any better until it's allowed to crash and burn and be rebuilt from scratch by the hand of demand and natural value fluctuation instead of central planning and further manipulation.
See the full report here:
We will continue to cover this story. Stay tuned for more from WAM!