29 May '12, 10am

Greece needs more than an AMD

AMD is a medical term for Advance Medical Directive. As the name implies it is an advance of a medical directive in the event the individual is depended on a life support system. The first stage, if Greece needs to execute the AMD is mid-June when the Greeks have to go to the polls. The result may/may not determine if Greece will stay with the Euro. Otherwise the can will be kick further down the road. As the can had been kicked successfully for the last three years, the wall is in the very near future. While the focus had been Greece and Spain or Europe for the matter, the Grexit had overshadowed much event globally. Please be reminded that… While the strength in the US dollar on a back to back weekly rise, most currencies including Asian currencies are weakening dramatically resulting in lower GDP growth and rising inflation. Unless global FM and leaders come to a quick ...

Full article: http://thefinance.sg/2012/05/29/greece-needs-more-than-an...

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