Here we present the 19 countries most likely to default, according to UBS. This list was created after considering the following indicators: credit/GDP, loan deposit ratio, and debt/GDP.

1. Ireland
2. Portugal
3. Spain
4. Greece
5. UK
6. Hungary…

7. Denmark
8. France
9. Belgium
10. Sweden
11. Netherlands
12. Bulgaria
13. Finland
14. Italy
15. Canada
16, Norway
17. Romania
18. Poland
19. U.S.A

For more details, read the full article at Business Insider.

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