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A timeline of the Greek debt crisis
I was going through my archives to figure out when I first started saying Greece would default and it made for interesting reading as a chronology of the sovereign debt crisis. For me, the pivotal post that signalled default was inevitable was the one entitled “Video: Stiglitz and Hendry debate the Greek bailout” from 10 February 2010. It was from a broadcast the night we learned of the debt concealment in Greece. One of the larger problems in the unfolding meltdown in Greece is the fraud apparently perpetrated by past Greek governments to conceal their true levels of debt. This is having a very adverse effect on ... (full story)