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GREECE AND PANDORA’S BOX

Nick Maroutsos, co-founder of Kapstream Capital discusses the reality of Chinese rate hikes and the issues in Greece.  He says China is unlikely to raise rates in the near future and also discusses the potential of a Greek bailout.  Like us, he says this is a “pandora’s box” for the markets and that you can’t grow your way out of a debt crisis. We’re walking a slippery slope with the continuing bailout mentality….

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