Months before the just now released declaration of non-payment of the super bond, fellow blogger Cayo Buay wrote an article outlining what could happen based on what has already happened in Greece. It’s a quick read. What do you think?

http://fiwebelize.com/2012/02/21/what-happens-when-a-country-defaults-on-their-foreign-debt-or-gets-a-bailout-to-avoid-foreclosure/