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DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Greece braces for fresh a... » Reply #4

Response to dipsydoodle (Reply #3)

Wed Feb 20, 2013, 07:24 AM

4. Of course they would also default . . .

Of course they would also default on those loans, just as Argentina did about a decade ago. It worked very well for that nation, if I'm not mistaken. As to the +20 year recovery prediction, that is the bankers talking again. They have a vested interest in promoting the worst of scare tactics to preserve the status quo. I'd take their pronouncements with a grain of salt, to say the least.

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another_liberal Feb 2013 OP
dipsydoodle Feb 2013 #1
another_liberal Feb 2013 #2
dipsydoodle Feb 2013 #3
LineLineLineLineReply Of course they would also default . . .
another_liberal Feb 2013 #4
dipsydoodle Feb 2013 #5
another_liberal Feb 2013 #10
dipsydoodle Feb 2013 #14
another_liberal Feb 2013 #15
pampango Feb 2013 #18
another_liberal Feb 2013 #20
Freddie Stubbs Feb 2013 #6
another_liberal Feb 2013 #8
Freddie Stubbs Feb 2013 #19
another_liberal Feb 2013 #21
dotymed Feb 2013 #7
another_liberal Feb 2013 #9
hack89 Feb 2013 #11
dipsydoodle Feb 2013 #12
louis-t Feb 2013 #13
another_liberal Feb 2013 #16
Kingofalldems Feb 2013 #17
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