Wednesday, September 28, 2011

Ukraine May Join Euro-Bankruptcy Conga Line

Ukraine, whose dodgy economy has lead to a sovereign debt crisis, may be facing bankruptcy. The blog Zero Hedge reported that the former Soviet nation might not be able to make its next major loan repayment. When one adds Ukraine to a "we're broke" club that includes Greece, Portugal, Ireland, Belarus, Spain and probably Italy, you've got trouble my friends, right here in River City.

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