Greece will eventually default on its debt because the country is highly indebted, Carl Weinberg, chief economist at High Frequency Economics, said on CNBC this morning.
A restructuring of Greek debt could happen as soon as August, when Greece is due to receive another tranche of funds from its lending agreement with the International Monetary Fund (IMF) and the European Union, according to Weinberg ... READ MORE www.economicpolicyjournal.com