Wednesday, May 25, 2011

Shades of 2008: A Greek Default Won’t Be ‘Contained’, John Mauldin Says - Yahoo! Finance

Shades of 2008: A Greek Default Won’t Be ‘Contained’, John Mauldin Says - Yahoo! Finance:

"Endgame author John Mauldin says Greece won't be any more 'contained' than subprime mortgages were in 2008.
'It's not something that stops at the European waters,' Mauldin says. 'Just like the subprime crisis didn't stop in California…I'm worried this one has a lot of contagion and it'll affect the world.'"


 

 

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