Greek deal … just another kick in the can

The recently announced deal that resolves the Greek debt situation is simply the latest ‘kick’ to keep the ‘debt can’ moving down the road.

Market reaction has been mostly positive, as anticipated, to permit the market makers to get their profits off the table before the time comes that no more ‘kicks’ will work.

The Greek debt is not resolved, the deflationary spiral is not over and hyperinflation still remains a risk worldwide.

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