The following post NYTimes.com provide more detail explanation to the Greece Crisis. It provides some fact & figures on those contagious effect from Greece Crisis to the rest of the Europe.
And how it impact the world financial system those includes the weaker Euro VS stronger Dollar. i think the next few weeks we'll hear more on options available to solve the crisis, my personal view is that there could be a rebound in the stock market as history will repeat just like the past. whenever there's an known issue, those government are ready to negotiate and/or printing more money to solve the issue. and stock market will rebound.
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