RE: RE: RE: RE: RE: RE: RE: RE: RE: Awfully quietIt is no more than being in a recession like US was in the 1930's. Only difference they cannot tap the Eurozone for money or stimulus if they leave the Eurozone. The other PIIGS know that and that is the decision they have to consider carefully for their people what they will be better off. Greece defaulting will be all blow and no show pretty much this is way overblown why because economically a country already did it and of course nothing happened to the rest of that country I think it was Argentina. Italy already in a pinch more than the rest of them second to Greece so what does it matter if they restructure or they can stay in debt for decades to come no difference then where they but at least they can decide for their own needs and not the decisions dictated by the Eurozone to bring their countries back to prosperity. Italy though has contribute to the world in needs so makes it easier for them to overcome some obstacles. Spain also same boat, as Italy. Catastrophic I think not just media frenzy on panic over something that can be resolved away from the Eurozone even if these countries default.. JMHO