Tuesday, February 21, 2012

Keep Your Fingers (and toes) Crossed

Geece has not defaulted yet.  If it does, it will make $5 a gallon gas seem quaint.

After months in which Greece teetered on the verge of bankruptcy, European officials agreed Tuesday to give the country a second massive bailout in exchange for harsh austerity measures, as grim new estimates about the country’s economy pushed off a resolution until what some officials called the last possible day to reach one.

Officials reach bailout deal for Greece

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