Monday, September 12, 2011
Markets Indicate Greek Default is Imminent
Markets Indicate Greek Default is Imminent: The second bailout package for Greece is increasingly being challanged while the fiscal situation in Greece is become more dire. Without the current bailout money, Greece will default on its debt soon -- probably this fall. This will only be a respite from the inevitable however since the mathematics of the situation indicates a default no matter what.
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