Monday, 18 June 2012 18:50

'BLOODY DOOMSDAY MACHINE': The Unthinkable Suddenly Looks Possible

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 The unthinkable suddenly looks possible.

Bankers, governments and investors are preparing for Greece to stop using the euro as its currency, a move that could spread turmoil throughout the global financial system.

The worst case envisions governments defaulting on their debts, a run on European banks and a worldwide credit crunch reminiscent of the financial crisis in the fall of 2008.

Huffington Post article

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