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There is a LOT of debt that will need to roll over in 2013-2015. That will make things difficult enough. Add to that problems in Spain, the U.K., Japan, China or the USA....  It is not like we have a stable system of international finance or that real, substantive reforms that would be adequate to the scale of the problems are likely.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Apr 13th, 2010 at 03:53:19 PM EST
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