Here is what is currently happening in Greece (the cradle of civilization):
Basically, 3.5 million people are carrying 7.5 million people on their backs. This is a result of 11 million people living beyond their means, with only 4.5 million employed, Of those, one million are employed in government service.
Is this our fate? Is the junk debt tsunami headed our way?
Loren M. Lambert © April 30, 2010
Basically, 3.5 million people are carrying 7.5 million people on their backs. This is a result of 11 million people living beyond their means, with only 4.5 million employed, Of those, one million are employed in government service.
Is this our fate? Is the junk debt tsunami headed our way?
Loren M. Lambert © April 30, 2010
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