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after reading barry and david's assessment it must be time to reach for the hemlock.
i cannot see any way out for greece than default which would encourage spain and portugal to follow suit, maybe italy later.
the measures already in place have caused much hardship with deficits hardly touched.
no government(including ours) would get away with inflicting the necessary hardship to get to grips with what seems to be an insurmountable problem,
my prediction made a month or two ago of a mass default still stands.
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