Some sombre reading, provided bellow.
Have a look at the graph on the left showing the amount that the Greeks have borrowed from Portuguese banks, institutions that themselves are already very stressed up and forced to rely on the ECB for liquidity. If Greece goes bankrupt how are they going to prevent a chain reaction?
http://www.spiegel.de/international/europe/0,1518,814939,00.htm
http://topics.nytimes.com/top/reference/timestopics/subjects/e/european_sovereign_debt_crisis/index.htm
gold price, page-15
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