Talk of The Villages Florida - View Single Post - Watch The News From Greece
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Old 04-28-2010, 07:23 AM
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Default VK you are correct

Quote:
Originally Posted by Villages Kahuna View Post
I've said before that unless the U.S. Government begins to act with greater fiscal responsibility, that's where we'll be in a few years.

One difference is that our government can quietly print money, while Greece as a member of the EU cannot. First we'll see ballooning debt and inflation. Then we'll experience the same woes as Greece--our creditors will tell us how to run our country, how much we can spend and how much we will have to tax.

Argue all you wish about who caused it and who's making the situation worse or better, we're headed in the same direction as Greece.

Watch!
Without blaming any party because they are both to blame. We are in BIG trouble for sure. Osama must stop spending money we do not have.