Global X FTSE Greece 20 ETF (NYSEMKT:GREK)

CAPS Rating: 2 out of 5


Player Avatar SaraW946 (< 20) Submitted: 11/9/2012 7:02:38 PM : Underperform Start Price: $15.41 GREK Score: +53.53

I don't trust Greece at all because I don't trust the mentality of the Greeks who only understand Ottoman-style corruption, nor do I trust their governments. Greece poses as a western capitalist economy, and the west accepts it as a western country because Greek antiquity supplies them with origins and supports their notion of identity. Myths of origins are usually harmless, but not this one, especially not when it comes to money. In general, I don't trust Europe, period, but I trust Greece even less. I will therefore not be investing in Greek-related stocks, not even if hell freezes over.

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