A big time Merchant Banker shocks with the truth !! When Greece defaults, it will probably end the Euro, too. Wages and pensions, for the civil servants, that are left, after the proposed purge of 30,000 people. They, in turn,will go on strike and no tax income will be collected. Government Bonds will become worthless as they have no money to repay neither them nor the interest on them.
It's get the map and crayons out time.Debtors will draw round bits and colour them in, to pay the debt.
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