From the markets point of view, I think the large majority of investors have alr... | Hacker News

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		clistctrl on July 18, 2011 \| parent \| context \| favorite \| on: Military software predicts Greek default From the markets point of view, I think the large majority of investors have already assumed its going to happen.

funkah on July 18, 2011 [–]

Yes, from everything I have read it seems to be a foregone conclusion.

thematt on July 18, 2011 | [–]

Yep, hence the need for intervention by other governments. The private sector will no longer finance their debts (at least not with an interest rate they can afford to pay).

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