Euro - Marc Faber: This country's default could "kill" the euro

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Marc Faber: This country's default could "kill" the euro

Thursday, January 21, 2010
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From Newsmax:

Investors should expect to see more sovereign debt defaults, says Marc Faber, the editor of The Gloom Boom & Doom Report.

He said sovereign debt defaults occur after a financial crisis. The countries to look out for now are Portugal, Ireland, Italy, Greece, and Spain.

Countries will have problems paying their debt, he told Yahoo Tech Ticker.

Portugal and other countries have a great likelihood of defaulting...

Read full article...

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Topics:		Euro \| Guru \| Cruxallaneous

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