doom and gloomers will say that economies like greece, italy, spain etc won't survive
they are assuming that nothing can be done to fix the situation
then you see germany stepping in
radicle cuts to spending in the countries concerned
makes you wonder what are the chances that one of these countries will default on their debts
what would you say?
10%
20%
50%
80%
100%
doom and gloomers would have you think it is somewhere in the vicinity of 80%
I reckon there is 10% chance
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