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They are one of 11 EU countries either on the "brink" on he "verge" but you need to maintain the proper perspective.
Greece borrowed $100 Billion and is going to default. Do you know what that is?
That 0.625% of the EU GDP.
That would be like you going into a tizzy and having a heart attack because you lost half a penny. So, would you? Go into a tizzy and have a heart attack?
I notice Americans have a real problem with proper perspective. They seem to think every country has 22 TRILLION acres of land 308 Million people. I assure you that is not the case.
Most countries aren't even the size of a single US State. All of Belgium, the Netherlands and Luxembourg would fit into southern Ohio from I-70 south to the river.
That's how small those countries are.
Greece is 11 Million people with a GDP of $350 Billion. It could puff up and blow away tomorrow and no one would notice.
Portugal is the same. 10 Million people and a GDP of $250 Billion.
Hell the US spends $250 Billion every six months just on interest on its national debt.
Even if all 11 teetering EU countries collapsed, that would only be 8% of the EU GDP.
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