DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Greece crisis: Fears grow that it could spread

**Lypepuddyu** · 04-28-2010, 09:56 PM

Portugal and Spain but not as massively as Greece which is junk status. Spain's economy is the largest of the 3 and they are equating Spain with a Lehman event in the sense that it may be too big to save and it would result in contagion. It's really a mess right now in the Eurozone but this is what happens when you form a monetary union with a weak or nonexistent political union....

04-28-2010, 09:56 PM	#5
Lypepuddyu Join Date Oct 2005 Posts 613 Senior Member	Portugal and Spain but not as massively as Greece which is junk status. Spain's economy is the largest of the 3 and they are equating Spain with a Lehman event in the sense that it may be too big to save and it would result in contagion. It's really a mess right now in the Eurozone but this is what happens when you form a monetary union with a weak or nonexistent political union....
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