John Mauldin: A Greek default won’t be “contained”

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Endgame” author John Mauldin says Greece won’t be any more “contained” than subprime mortgages were in 2008.

“It’s not something that stops at the European waters. Just like the subprime crisis didn’t stop in California … I’m worried this one has a lot of contagion and it’ll affect the world, he said in an interview on Yahoo! Finance – The Daily Ticker.

Source: Yahoo! Finance – The Daily Ticker, May 24, 2011.

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