Question about bankrupt countries

[John_doe]

Why aren't the Dutch and czech republic included with the piigs countries? The Dutch have already defaulted and the Czechs will probably go before any of the piigs countries.

[RichardPenny43]

[John_doe]

Okay

[John_doe]

Anyone? Anyone?

[smallchange]

Please give the less informed like me, a link to the information on the Dutch default.

[Copper Catcher]

A Historical Prospective: 10 Governments That Went Bankrupt (2009 Article)
http://www.billshrink.com/blog/6799/10- ... -bankrupt/

The World’s Biggest Debtor Nations
http://www.cnbc.com/id/30308959/The_Wor ... or_Nations

[Bluegill]

The Dutch have already defaulted and the Czechs will probably go before any of the piigs countries.

Care to quote your sources.

Last I heard they were in financial trouble for the usual European reasons, and doing exactly the wrong things to correct it. But there has been no formal default that I'm aware of.

[John_doe]

The Dutch have already defaulted and the Czechs will probably go before any of the piigs countries.

Care to quote your sources.

Last I heard they were in financial trouble for the usual European reasons, and doing exactly the wrong things to correct it. But there has been no formal default that I'm aware of.

http://www.abc.net.au/news/2012-04-24/e ... ls/3970792

http://www.ibtimes.co.uk/articles/33181 ... nation.htm

i'm guessing domestic and european media have tryed to keep this extremly hush hush. I guess it was not a default, but the government did fail. (I still believe they are more likely to fall the the piigs countries)