Greece is in deep debt due to "profligate" govt deficits.
What can we learn from this?
02-02-2010, 09:04 AM
President Keynes-Obama is too busy debauching our own currency to worry about little ol' Greece and her problems. Let them eat cake. But Greek fiscal woes are just a prelude to bigger problems in Euroland. No doubt the Brits have many, many fingers in the dike. They will eventually have to do what North Korea and Venezuela recently did. Then we'll see some fireworks.
It's too late to learn anything from this even if we wanted to. Obama is too busy with his new $3.8 trillion dollar budget and mind-numbing deficits as far as the eye can see. Our dreams will eventually come due. Maybe we should all stock up on groceries.