Greece closes Banks/markets for a week

[stevenash]

Good example of what happens when a country borrows, borrows, borrows with no plan to repay..   Sure hope it doesn't come our way.

[77]

Yobamas goal!

[shovel]

This country is headed the same direction. While the people are distracted by gay marriage and confederate flags, our bought and paid for politicians are giving Obama fast track to sell our country out from under us.

[stevenash]

Greece is now paying the price for its excessive "compassion".  THose who truly need help may not be able to get it.

[LumRaiderFan]

But if one even mentions smaller gov, lower taxes or budget cuts, you are labeled radical and uncompassionate.

 

[baddog]

Since when did Greece matter to global economics? Can't remember the last time I bought something that said "Made in Greece". This is simply a paranoid reaction in order to raise prices.

[stevenash]

The point is not the relevance of the size of the Greek economy but rather the lesson that ought to be learned regarding total mismanagement of the economy.

[baddog]

True, but it is having a global impact.

[Hagar]

Makes you wonder what's going to happen when the majority of the Blue states and cities max out.  Detroit has failed. California and New York City aren't far behind.  So our Govt bails them out (with our money), then it's nearing max.  

To many think its a bottomless pit, but like a maxed out credit card, there will be a day of reckoning.  

Wish I could hit the lotto & buy a bunch of silver & gold lol

[Mr. Buddy Garrity]

@AP: BREAKING: US stocks have worst day of the year as investors worry about fallout from Greek debt crisis.