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U.S. Fiscal Woe Is Worse Than Greece

http://www.zerohedge.com/article/confirmed-us-fiscal-woe-worse-greece

by startuprules • 16 years ago

2 1 16 years ago

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russell• 16 years ago

Well, no and the author agrees. The US is much larger than the Greek economy, much more innovative. and much more robust. The US controls its own currency while Greece code not.

>> Meanwhile, the current trajectory would suggest a different kind of debt crisis could manifest sooner or later, and over-confidence, a "Too-Big-To-Fail” mentality some of the nation's leaders seem to have adopted, will only lead to a dangerous path of no return.

Well, yes. The stupidity of politicians could overcome any advantage a country might have.

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