Greek Economic Crash- How does that affect us? (Need Answer)

[John Tucker]

Hey BP!

Now given, before you read this, I am no economic genius, and most likely even ignorant as far this goes, but I have some questions. So with that said, here you go.

I've been watching and reading lately about Greece and it's economic struggles and it makes me wonder. Since our economy seems to be interconnected with other economies, especially the European Union which Greece is a part of, wouldn't what is happening in Greece affect us? I may just be hearing the bad side of things, but I'm curious about each side; especially the good and bad side in real estate.

I know I'm asking some pretty big questions, but if any experienced investors (or young economic prodigies) have any advice, I'd really appreciate it. 

Thank you!

[Dana Whicker]

Greece's economy is about the size of North Carolina's.  

If they default on their entire debt, which is almost inevitable, it will mean short term a bit of pain and the EU will be better off in the long run.  Their nation is run by a bunch of people who have the fiscal responsibility levels of children.