Friday, January 29, 2010

Roubini: Greece Is Bankrupt

http://www.cnbc.com/id/35094038

Greece is trying to get trying to entice China to buy 25 billion euros ($35 billion) in bonds, according to published reports Wednesday.

If the situation becomes dire enough the European Union will be forced to help bail Greece out because it’s such a threat to the monetary union, he said.

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