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Monday, November 12, 2012

There's No Way Around a Greek Default


There's No Way Around a Greek Default
Wall Street Journal
Greek debt is at double the load relative to GDP at which a country's growth starts to be stifled and serious problems appear, according to Kenneth Rogoff and Carmen Reinhart, the economic gurus of sovereign default. Driving this increase was a by-now ...

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READ THE ORIGINAL POST AT online.wsj.com