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6/10/11

Euro end game draws nearer - by Barry Wood

A former chief economist at the International Monetary Fund, Rogoff is convinced that the latest Greek bailout package won’t succeed in avoiding an inevitable debt write-down. He is convinced that Greek citizens won’t put up with unrealistic austerity conditions. Rogoff knows debt, having co-authored the definitive history of sovereign-debt crises, “This Time It’s Different.”

For more: Euro end game draws nearer Outside the Box - MarketWatch

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