Tuesday, September 27, 2011

Is Greece the next Lehman Brothers?

Financial Times
September 27, 2011

Satyajit Das, author of Extreme Money: The Masters of the Universe and the Cult of Risk, tells the FT’s Michael Mackenzie that a Greek default could trigger a wider financial crisis. Mr Das says global money markets could freeze and global inflation could increase commodity prices, resulting in sustained slow global growth.

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