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Originally Posted by Beingist  Do you think that is likely to happen in Italy? |
I think Italy will play out differently because of its size and relatively stronger economy compared to the rest of the PIIGS. I really don't know. What I do know is that it's not economically possible for Germany and France to bail out Italy. With Greece it's economically possible but politically unpopular. So if and when Italy starts to go the solutions will be of a totally different type.