Well What Would Happen Is That If Greece Defaulted And Couldn't Pay Its Debts, All The Greek Bonds That Are Held In Other Banking Systems Across Western Europe Would Suddenly Have No Value. You Could As A Knock-on Effect Create A Banking Crisis In Western Europe.

-John Major

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Well What Would Happen Is That If

John Major

Well What Would Happen Is That If Greece Defaulted And Couldn't Pay Its Debts, All The Greek Bonds That Are Held In Other Banking Systems Across Western Europe Would Suddenly Have No Value. You Could As A Knock-on Effect Create A Banking Crisis In Western Europe.

Topic

Banking Crisis

Europe

Greek

There Are More Myths About Black Wednesday Than The Greeks Ever Created.

Greek

Black

Myth