backontrack
good to see your follow on post as with the previous one with the little house on the mountain of debt i thought u were one of the alarmists!!
I am concerned ( especially if other larger economies in the euro get dragged into the quagmire ) but was also trying to put the greek thing in perspective - i think your 300 billion would be fairly right if not a bit high -when it first blew up i thought total debts owed were $200 billion and i thought that was the $ u.s.- of course if they did cut them loose then there may be a fair few private debts in greece that would need to be written off by german and french banks also!
the other day i was trying to get some other posts about how many $ in deposits citizens of some of these indebted countries had - and is that a relevant figure to look at to guage how risky a country is- i.e. could a government ( western democratic ) somehow call on those private deposits within their own country? - i guess only by bidding up on the rates - but it is still an interesting figure to look at!!
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