The European Union and the International Monetary Fund (IMF) has so far pumped 229 billion euros into Greece. Out of this striking figure, however, only 27 billion euros (11 percent) was spent on the provision of public services.
The continuous printing of money in the US and the increase of distance between the 1% and the rest of us isn't co-related?
Ever try to buy bacon lately?
PK and yourself has stated for years that government borrowing is the answer, greece has done a boatbuttload of that and now it is starting to hurt. Sure it is a smaller economy than ours but it still works the same way.
The continuous printing of money in the US and the increase of distance between the 1% and the rest of us isn't co-related?
Ever try to buy bacon lately?
PK and yourself has stated for years that government borrowing is the answer, greece has done a boatbuttload of that and now it is starting to hurt. Sure it is a smaller economy than ours but it still works the same way.