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Five routes to default: which one will your country take?

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GSTAAD: Former White House advisor Pippa Malmgren says there are five routes to default and all nations with a debt burden – barring Germany – may be forced with following one of these routes.

Malmgren, who is founder of Principalis Asset Management, also discusses the certainty surrounding a eurozone member departing and what QE3 really says about the health of the US economy.

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