It may be a good time to invest in NBG, it has never been this low. It's really a 50/50 situation. If the Troika doesnt let Greece fall, whoever investing on NBG now will get pretty good returns, the problem is if the Greexit actually happens and your investment goes literally to 0. If you have something like 1K dollars lying around that you dont know where to put and you are already on Bitcoin, maybe a gamble with this may be a good investment if Greece recovers in the next 5 to 10 years.
Just don't. Don't throw money into a disaster hoping that someone else temporarily patches things up for you so you can sell at a profit.
On the other hand, if you think that certain Greek companies are a good deal at these prices go ahead.
Well the question would come down to is would let every other euro nation that lend greece money let it fail as a country?
i mean their debt is effected their euro so wouldnt they eventually come to an cheaper solution to get some money back then none at all?
303.92 billion euros of debt.
I really doubt that the other nations would lend any more money.
I just read a recent article that greece actually needs. Greece needs 95 billion in debt relief to avoid permanent depression twice as much as the IMF says..
So they about get a depression alright, cause what country would lend 95 billion...