CIGI Senior Visiting Fellow Paul Blustein describes the two main options for countries facing bankruptcy: "the nice way and the tough guy way." Speaking on the current situation in Greece, he adds: "Under just about any projection you can plausibly come up with for the country's growth and for its tax revenue, and for all the resources that it needs to pay off its foreign creditors, it just won't be able to make it." (Click on the "play" link to listen to the entire interview with ABC's Gillian O'Shaughnessy.)

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