Thursday, May 13, 2010

Greek Debt Crisis: Echoed in Ireland, Us and Britian [Graphic]

The numbers on our federal debt are becoming frighteningly familiar. The debt is projected to equal 140 percent of gross domestic product within two decades. Add in the budget troubles of state governments, and the true shortfall grows even larger. Greece’s debt, by comparison, equals about 115 percent of its G.D.P. today.

SHOOT: Greed is good? Greed = debt = bankruptcy = bad.
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