Tuesday, May 11, 2010

How the U.S. Can Become Greece
By Alan Caruba

imageI find it interesting that an entire nation like Greece can face bankruptcy.

Greece will be loaned billions that it is not likely to ever repay. Meanwhile, Spain, Portugal, Italy, and Ireland are financially shaky as well. England is not much better off and the United States is printing money in the basement of the Federal Reserve while also borrowing it from China, Japan, and everyone else.

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