Steve Forbes, chairman and editor-in-chief of Forbes Media, told CNBC on Tuesday that nobody involved in the Greek debt standoff knows what they are doing.
“They seem intent on going over the cliff. I just hope they don’t drag us with them,” the two-time Republican presidential candidate said in a “Squawk Box” interview.
As for the so-called troika of the European Central Bank, International Monetary Fund, and European Commission, “they’re sense of austerity is: ‘Don’t hit the government too hard and smash the private sector with higher taxes and new regulations,'” Forbes added.
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