Hat Tip: Barry Ritholtz @ The Big Picture
A cool interactive graphic consequences of a Greek Default – click on the picture to visit FT.com.
Source: FT.com
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On a similar note, concerns about Greek default and the knock-on effects which could have drastic consequences on global financial markets, have diminished – for now. However it is far too early to completely write off a Greek default which seems inevitable in the long term. Some analysts say five years until default, but others say this is far too optimistic and Greece will collapse financially well before that.
Cheers