The Greek debt crisis was so last year, with the middle east, north Africa, and Japan garnering the headlines. Surprise--Greece is burning again. As with most sovereign debt crises--they don't go away. They get worse as credit ratings plunge, debt-servicing costs soar, and insolvency rears its ugly head again.
http://www.independent.co.uk/news/world/europe/anarchy-erupts-in-greece-as-austerity-bites-2269023.html
Sunday, April 17, 2011
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