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Wednesday, April 13, 2011

21 countries most likely to go bankrupt

Europe and its banks are in trouble.

by StFerdIII

 

21 Countries most likely to go bankrupt:

Greece, Portugal and Ireland, highly likely. Spain less so.

  • Italy: 12.5 % probability

  • Bulgaria: 13.5%

  • India: 13.7%

  • Lithuania; 14.5%

  • Latvia; 15%

  • Romania; 15.3%

  • Croatia; 15.5%

  • Hungary; 16.7%

  • Spain; 18.9%

  • Vietnam; 20.3%

  • Bahrain; 20.3%

  • Egypt; 21.1%

  • Iraq; 21.1%

  • Lebanon; 21.9%

  • Dubai; 24.7%

  • Ukraine; 27.7%

  • Argentina; 34.7%

  • Portugal; 40.1%

  • Ireland; 43%

  • Venezuela; 51.8%

  • Greece; 57.7%

Many Euro banks are heavy investors in the Middle East and Eastern Europe. 12 states from these two regions are on the above list.......