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NetNet With John Carney

» more from NetNet With John Carney

What Happens If Greece Defaults?

If Greece defaults on its sovereign debt, the effects will be global.

Everyone from Japanese savers to U.S. retirees is likely to feel the effects. Let's run through the dominos that could fall after a Greek default.

By John Carney
Posted 16 June 2011

Photo: Aris Messinis | AFP | Getty Images