Tag: Sovereign Default

Should Greece Default?

27 September 2011

Letting the Market Mechanism Take a Back Seat

January 2011George Papandreou, Greek Prime Minister

“Greece won’t default.”

June 2011 – Jamie Dimon, J.P Morgan C.E.O.

“Greece won’t default.”

September 2011 - Klaas Knot, European Central Bank Governing Council member

“I’m not saying that Greece will not default…I am now less definite in excluding a default bankruptcy than I was a few months ago…”

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