European debt crisis: Worst-case scenarios
What would happen if Greece, Spain or Italy were to default? Deutsche Bank, RBS and other investment research firms have released reports detailing the domino effect of a collapse of a single country in the euro zone. Here’s the doomsday scenario.
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Greece defaults on its debt, setting off a chain reaction of events that will eventually reach every corner of the global financial system.
Petros Giannakouris / AP
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