To: sonofstrangelove
Greece: 11 million. Apx. the size of Los Angeles. Assuming the EU is 400 million or so, it is 2% of the EU.
If 2% can take the whole structure down, then what happens when Germany or France hits the economic wall where the businesses can’t support their spendthrift laws?
2 posted on
02/16/2010 12:01:12 AM PST by
freedumb2003
(Communism comes to America: 1/20/2009. Keep your powder dry, folks. Sic semper tyrannis)
To: sonofstrangelove
"Take Social Security, Medicare and other benefits. Add in interest payments on a national debt that now exceeds $12.3 trillion. It all will gobble up
80 percent of all federal revenues by 2020, government economists project."
What happens when interest rates rise?
5 posted on
02/16/2010 1:31:50 AM PST by
preacher
(A government which robs from Peter to pay Paul will always have the support of Paul.)
To: sonofstrangelove
At least he cut project constelation!!!! That’ll save a ton!
8 posted on
02/16/2010 1:59:57 AM PST by
Tolsti2
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson