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Sovereign Debt Problem: When Governments Mislead About Numbers

247Wallst | Wed, 01/13/2010 - 5:05pm | economic indicators, Government misleading, Iceland economy, misleading economic figures |  6 comments

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Iceland and Dubai have already reneged on foreign debt obligations. There is a growing concern about similar trouble with the debt of Greece, Spain, and several Eastern European nations. Credit agencies downgraded the debt of a number of these countries. The price to insure  the sovereign debt
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