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Sovereign debt crises: Lessons from history

What can past sovereign debt crises tell us about the road ahead?

Sovereign debt crises: Lessons from history

With Greece teetering on the brink of a debt default and the US Congress scrambling for a resolution to its debt ceiling burns, the threat of a sovereign debt crisis is on the mind of many market participants. Financial News goes in search of some lessons - and warnings - from the past.

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