Guest
06-14-2012, 09:50 AM
That our economy and financial structure would ever become so fragile that if voters in Greece vote the wrong way on Sunday that we could be tipped into a double dip recession?
Greece, for crying out loud??
Our weakness and lack of political resolve didn't happen overnight. Our political process and economic system hasn't protected us from this. The politicians are totally self-centered and the private sector motivated only by profits, not any sort of national interest. I don't know what the answer is, but it certainly appears that the former strongest country in the world is helpless in the face of a bunch of greedy Greeks who don't want to give up their egregiously generous entitlements. But then, I guess Americans won't give up the entitlements that we can't afford either.
China doesn't seem too worried about the Greek elections. I guess because they have both a plan and $3 trillion in cash, it gives them a certain sense of security and independence.
Greece, for crying out loud??
Our weakness and lack of political resolve didn't happen overnight. Our political process and economic system hasn't protected us from this. The politicians are totally self-centered and the private sector motivated only by profits, not any sort of national interest. I don't know what the answer is, but it certainly appears that the former strongest country in the world is helpless in the face of a bunch of greedy Greeks who don't want to give up their egregiously generous entitlements. But then, I guess Americans won't give up the entitlements that we can't afford either.
China doesn't seem too worried about the Greek elections. I guess because they have both a plan and $3 trillion in cash, it gives them a certain sense of security and independence.