Felix Salmon on Greek Default, part two

Felix Salmon, today, March 1 2012, on his blog, continuing to nail home that the Greek deal is a sovereign default:

“we’re going through the largest sovereign default in the history of the world, and surprisingly few people — including senior European policymakers and journalists who are covering it professionally — really seem to understand what’s going on.”

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This entry was posted in the great contraction 2007-2012, the price mechanism. Bookmark the permalink.

One Response to Felix Salmon on Greek Default, part two

  1. Reblogged this on khanhthinhpham and commented:
    thanks

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