Related by context. Frequent words. (Click for all words.) 56 contagion 50 contagion spreading 50 sovereign debt 48 PIIGS 44 default 44 defaults 41 Greece 40 risk aversion 40 Contagion 40 eurozone 40 Sovereign Debt 40 subprime mortgage debacle 40 Euroland 39 euro zone 39 spreads 39 bond vigilantes 39 instability 39 highly indebted 39 spillover effects 39 ratings downgrades 38 Hyperinflation 38 Downside risks 38 macroeconomic imbalances 38 Debt Crisis 38 engulf 38 risk premia 38 PIGS 37 subprime mortgage defaults 37 currency debasement 37 crisis deepens 37 containable 37 worsens 37 bubble bursts 37 subprime debacle 36 deteriorates 36 cataclysm 36 deflationary spiral 36 Eurozone 36 engulfing 36 convulse 36 industrialized economies 36 heavily indebted Greece 36 rating downgrades 36 dislocations 35 heavily indebted 35 crisis 35 panic 35 recession deepens 35 instabilities 35 repercussions 35 liquidity injections 35 domino effect 35 sovereigns 35 subprime 35 conflagration 35 ripple effects 35 sovereign 35 markets 35 afflicted 35 crises 34 implodes 34 overleveraged 34 Credit Default Swaps 34 sub prime 34 sovereign CDS 34 Austerity measures 34 RPT GLOBAL MARKETS 34 turmoil 34 painful austerity measures 34 cascade 34 external imbalances 34 Risk aversion 34 deleveraging 34 troubles 34 spreading 34 subprime fallout 34 monolines 34 self fulfilling prophesy 34 EMs 34 catastrophic consequences 34 implode 33 currency devaluations 33 cascading 33 destabilized 33 CDSs 33 chaos 33 consequences 33 fears 33 calamity 33 Balkanization 33 systemic 33 economies 33 Junk bonds 33 collapses 33 fiat currencies 33 moral hazard 33 ballooning deficits 33 defaulting 33 catastrophe 33 safe haven flows 33 hyperinflation