“what happens when Greece defaults”

June 21, 2011

HERE.

I don’t know much about the author of the article, but since he’s named as a senior editor at CNBC, I would assume he represents fairly mainstream thinking on what will happen in Europe in the near future.

[ADDENDUM: I skimmed the first couple of paragraphs too quickly. The article’s original source is Andrew Lilico at the Telegraph, and that article seems to be HERE. I haven’t followed the story enough to know whether this sounds like scare-mongering or whether it’s a reasonably accurate prediction.]

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