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Peterw · 11-18-2011, 09:59 AM

It's a big nasty complicated mess. A bunch of countries have maxed out their credit and can't afford the repayments. Bankruptcy isn't an option as the banks that they owe the money to will collapse causing a worse crisis than we had in 2008.

11-18-2011, 09:59 AM	#2 (permalink)
Peterw Senior Member Join Date: May 2011 Posts: 440	It's a big nasty complicated mess. A bunch of countries have maxed out their credit and can't afford the repayments. Bankruptcy isn't an option as the banks that they owe the money to will collapse causing a worse crisis than we had in 2008.