Greece's only viable option seems to be exit the Euro, print its own currency, and pay its debts with its own devalued currency. Everyone is calling that default. If that is the case, the US is in default already.
Walker's World: Digging holes for euros - UPI.com: www.upi.com/Top_News/Analysis/Walker/2011/05/09/Wa...36580
http://chum.ly/n/8d1f1a
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