| 1 | Spain is bounded on the east by Portugal. | |
| 2 | There is no property bubble in Portugal. | |
| 3 | Ireland, Portugal and Greece have all required rescues. | |
| 4 | Analysts say that Portugal and Spain should be careful what they wish for. | |
| 5 | And what if the governments of Portugal, Ireland, Spain and so forth also default and restructure their debt? |
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