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To: Zuben Elgenubi

That’s like the USA having to make a $144B payment.
Which, of course, we can’t.


12 posted on 06/30/2015 7:37:23 PM PDT by ctdonath2 (The world map will be quite different come 20 January 2017.)
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To: ctdonath2

“That’s like the USA having to make a $144B payment.”

What has destroyed Greece is the fact that they can’t devalue the Euro or “Quantitatively Ease” more of them into existence when needed.

The USA has been able to use all sorts of financial trickery to kick the can down the road farther than our friends in Athens, but ultimately we’re in the same boat.


24 posted on 06/30/2015 7:58:04 PM PDT by Junk Silver
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