If I did my math right, Greece owes approximately $25,000 per Citizen and they are miserably Bankrupt.
Again If I did my math right, we here in the US owe $51,000 per Citizen!!!
This is just the Debt on the books, not the $100 TRILLION DOLLARS in Unfunded Liability.
How are we any better off??
We owe dollars that the Fed can print.
The Greeks owe euros that they can’t print.
A different frying pan/fire.
“How are we any better off??”
We have an economy, unlike the greeks.
most citizens pay their taxes here, unlike the greeks.
we’ve haven’t defaulted on our debt, unlike the greeks.
our banks are open and there are no capital controls, unlike the greek banks which will be insolvent in a day or two.
just for starters.