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Wilbur Ross on Europe: Greece Is Worse Than You Think

August 14, 2012 | About:

"There's almost a feeling of resignation both among the people on the street and the wealthy people that eventually Greece doesn't stay in the EU," Ross said in a "Squawk Box" interview.

That's not necessarily a bad thing, said Ross, who believes that the impact of a Greek exit now will be less than it was earlier, when some economists feared that if Greece left it would trigger other debt-laden nations to do the same and lead to a larger crisis.

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