Article Image
News Link • Economy - Economics USA

Greece in America

Most of us who are aware of world financial trends know that earlier this year thousands of Greeks took to the street and mercilessly engaged in destruction of property around Athens. They were upset about having to tighten their belts in the wake of the possibility that some of their entitlements will have to be cut and their retirement postponed past age 57. In short, they were upset that the freebies they had come to take for granted may have to be reduced, even completely cut. Few of them seemed to have a clue about how one cannot get blood out of a turnip. After decades of living off the work and incomes of other people and future generations – via borrowed funds – the gravy train is very likely to reach its termination point.

Join us on our Social Networks:


Share this page with your friends on your favorite social network: