Steve Forbes: Don’t Drag us Too

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.

CNBC