The worst case scenario has started to unfold with the EU ending emergency funding facilities for Greece. The Prime Minister, Alexis Tsipras, has gone as far as accusing the European Union of blackmail! 

Unbelievable – this will have world-wide repercussions. The EURO will fall and artificially strengthen the dollar causing yet more strain on the U.S. Economy. Our exporters will see profits take hits as they look to repatriate dollars. Oil will likely also fall on the strengthening dollar. 

Can you imagine having no access to your bank for an entire week? We could see a mass exodus of people from Greece to neighboring countries. It’s been talked about before, but things just hit the fan.