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Varoufakis: Once again, Greece is the canary in the goldmine

There is clear danger that, once again, Greece is foreshadowing a new phase of the global economic crisis

Varoufakis: Once again, Greece is the canary in the goldmine
Photo: Getty Images

The eurozone country that has become synonymous with insolvency is today proving to be a treasure trove for some. Traders who bought Greek assets a few years ago have good reason to celebrate, having banked returns that no other market could have provided.

But, as is often the case, an opportunity that seems too good to be true probably is. And this one could portend the next phase of our global crisis.

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