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July 7, 2011

Inflated Baklava

Well, the earth watched and waited as a tumultuous Greece was voting on an austerity program that would ensure more money for a debt laden nation. I found this a fascinating intersection of politics, stock markets, economics, and sociology. The huge worry was that a Greek default would place undue strain on private banks in other Euro participating countries that hold Greek debt (placing those countries in imaginable demand of bailouts) and the crashing dominoes would be dense to stop.
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