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EconMatters is made up of a team of financial and market analysts, along with a global network of guest authors, who research, analyze, and write articles devoted to the discussion of important economic and market specific issues relevant to our readers and global strategic investing. http://www.econmatters.com/

  • Thomas

    Of course local authorities will have to be bailed out. But that would mean that there has to be issued sovereign bonds. Who will buy them? And at what interest rate?

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