Greenspan says shattering of European Union will begin with imminent Greek implosion

‘The former chief of the U.S. Federal Reserve says it is just a matter of time before the European Union implodes, along with its currency, following what he believes will be a “Grexit” — a Greek exit — from the EU.

In a recent interview with the BBC, former Fed Chairman Alan Greenspan said he did not see a scenario in which the EU or its lending institutions, including its own central bank, would risk loaning the economically struggling nation more money, especially after its new far-left leadership came to power vowing to scrap current austerity measures called for in a previous loan package.’

Read more: Greenspan says shattering of European Union will begin with imminent Greek implosion