With Greece, We're Watching The Revenge Of The Debtors "Socialism: Indebted nations of the world are applauding the "Oxi" vote against "austerity" in Greece not so much as a victory for the common man, but because they have plans to default on the billions they owe. Brace yourself." . . .
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"Investors around the world have long worried that a default on Greek debt would bring about a bankruptcy contagion that would spread throughout the world and crash international financial markets.
"But now investors may face something worse." . . .
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