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  • Greece, Ireland and other nations could quickly fall into default.Robson points out: ???The rise in the balance sheets of the big 4 central banks over the 2008-12 period will amount to about 15 per cent [sic] of GDP, which is equivalent to over 50 per cent [sic] of the cumulative budget deficit of these countries over the same period.???One can legitimately argue that central banks are financing g
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