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Because how the Greek's debt conflict is solved will have a severe impact in global economy. And HN community tens to care about economy.
by Maken 11y ago
Because how the Greek's debt conflict is solved will have a severe impact in global economy. And HN community tens to care about economy.
- tsotha 11y ago>Because how the Greek's debt conflict is solved will have a severe impact in global economy. I'm not sure that's true. Greece is a tiny country with a tiny economy. In and of itself it doesn't matter that much. What matters is whether the bond markets think Portugal, Italy, and Spain can avoid similar problems. Personally I think that's why the Germans are playing hardball. They can't afford to bail out Italy, so they're signalling that's not going to happen.