032 Your Money Your Life – What happens if a country collapses and cannot pay back its debt

Summary: In this episode Gavin Martin, Financial Adviser / Financial Planner, is joined by Edward Teele to address the question "What happens if a country collapses and cannot pay back its debt?", including: European plan to deal with Greece sovereign debt issues The difference between companies and individuals going bankrupt and countries going bankrupt Previous country defaults Possibly outcomes of the current economic situation Wisdom from Warren Buffett and Professor Burton G. Malkiel Call 1300 275 428 Call 130 275 428 to leave your comment or financial question for Gavin to answer on the show. iTunes You can subscribe to the podcast via iTunes or other methods of syndication, here's short video explaining how. Join us on Twitter! Twitter Become a fan on Facebook If you are on Facebook, it would be awesome if you could become a fan of the page by clicking the Like button at the top of the Cornerstone Wealth Facebook page. Email me Email me at GavinMartin@CornerstoneWealth.com.au to arrange an initial consultation or complete the Contact Form. Alternatively call 1300 275 428.