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Old 29-06-2011, 05:25   #29
Eric
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Re: Greece........................Sink or Swim?

If the Greeks default and quit the Euro, they will have some short term benefits. The Drachma will be worth zilch; so their exports will receive a boost. And tourism will go through the roof. On the downside, lots of European banks will take a kicking. Major financial institutions will be replacing the toilet paper in their washrooms with Greek government bonds.
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