Greece is big. China is bigger.

This article is a fascinating analysis of the global economy by the managers of the Forester Value Fund.  I’m watching events unfold in Greece and at this point it seems that we cannot really predict what will happen.  It is possible that the euro, as a currency, may be redefined. Even more attention getting was the Chinese government’s very overt support of their own crashing stock market. Our portfolios are diversified so we have the relative luxury of watching all of this unfold from a distance. If markets decline, we will be hunting for bargains wherever they reveal themselves.

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