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Old 14-02-2013, 22:50   #984
Chris
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Re: Eurozone will collapse...

They have stepped back from the brink because the political cost of failure has been judged too high - so they will pay an economic and social cost instead. Youth unemployment in Greece is now greater than 61% ... that's scarcely imaginable. The inherent weakness of the Euro has been locked in and the zone faces years of terminal decline because of it.
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