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January 24, 2009
Too big to fail - Greece?
"We knew this couldn't last," Vassilis Karatzas, a fund manager based in Athens, said as he sipped Greek coffee at an outdoor cafe in the city center. "There is fear about the euro zone, but I don't think the commission will allow its periphery to go down. United we rise, divided we fall."
That's from a pretty depressing story in the New York Times.
Posted by CrankyProfessor at January 24, 2009 8:36 AM