Tuesday, June 28, 2011

Greece on the edge of collapse

Many, many headlines about this today, and really over the past few days.  Here are a few current links that Drudge is posting today:

I have a few questions jumping out at me.  First off, the media coverage of this in the US still seems pretty weak (although I've come to expect that considering their lousy coverage of Fukashima, Libya, Syria, etc.) Second, could this spread in the Eurozone to Italy?  Spain?  Other countries?  I honestly wouldn't be surprised if it were to eventually show up on our shores considering our finances are in as bad of shape as Greece's (at least in my opinion when one looks at the trillions we have in debt liabilities). 
I think we are in for an interesting summer, folks.

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