Podcast: Play in new window | Download | Embed
Subscribe: Apple Podcasts | Google Podcasts | Spotify | Stitcher | RSS
Episode 83: No one wants to buy what Greece and Radio Shack are selling. Greece survives on European sponsored extortion subsidies/guarantees. Radio Shack has been sustained by access to cheap credit.
Greece may go bankrupt but they will survive. Radio Shack has no future.
Neither’s bankruptcy would prompt a financial meltdown. Greece is too small, it would take Italy, Spain, or Portugal to throw Europe into a crisis. Likewise, Radio Shack’s vacant US retail space will eventually be absorbed but watch out if Sears, JCPenney, Barnes&Noble, and Office Depot all shut down.
Greek drama will ripple the markets over the coming weeks and months but it won’t collapse the Euro.
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
via STITCHER: http://www.stitcher.com/s?fid=53115&refid=stpr
Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.