EU Debt Causing MASSIVE CRASH Then Spread to U.S!

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Europe’s economy: Still in the danger zone
The latest economic growth figures from the European Union
If Greece defaults, it could set off a contagion that would raise rates for the other nations, causing more defaults and a possible exit from the euro.”
European nations are falling victim to the virus of debt contagion.
Italy Economy Shrank 0.1% in First Quarter
IMF warns of negative spiral in France as recession looms again
Portugal’s economy: Two steps forward, one step back
OECD: Greek GDP at -0.3% in ’14; Additional debt relief is necessary

Sources
http://fortune.com/2014/05/20/europes-economy-still-in-the-danger-zone/
http://www.bloomberg.com/news/2014-06-10/italy-economy-shrank-0-1-in-first-quarter.html
http://www.telegraph.co.uk/finance/economics/10944874/IMF-warns-of-negative-spiral-in-France-as-recession-looms-again.html
http://www.bbc.com/news/business-27432712
http://www.marketall.eu/economy-and-politics/6171-oecd-greek-gdp-at-03-in-14-additional-debt-relief-is-necessary-says