Many Americans are still picking through the wreckage of overturned mortgages and lost jobs, trying to rescue old pictures of their middle-class aspirations. But another economic tropical storm is now being tracked.
It is probable that the Greek government will default by the end of the year, perhaps followed by Portugal, Spain and Italy. The shock to international markets would further undermine the economic confidence needed for a healthy American recovery.
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Source: http://feeds.washingtonpost.com/click.phdo?i=d4f4b53c59b06b86ba4a4c0385b196c4
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