“Drop a pebble in the water: just a splash, and it is gone; But there’s half-a-hundred ripples circling on and on and on…”  -James Foley-

Even small economies like Greece can have a profound ‘ripple’ effect on the increasingly interrelated global economy.  Much like dropping a small stone in a pool of water, the effects of economic success or failure can be far reaching.  We thought you would enjoy the attached analysis, which offers a unique perspective on the proverbial Greek tragedy.

Morningstar update on the Greek Crisis