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Saturday, June 25, 2011

More Cheery Economic and Social News!

  1. Greece will default, but at this point it is irrelevant.
  2. The situation in Spain, Ireland, Portugal, and Italy is now so dire that it is does not matter whether or not Greece defaults.
  3. Expect chaos
Michael Shedlock: the type of analyst who does not seem to care if his message is 'politically correct' as long as it is correct.
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