what do Greece and our country have in common???

[Rich Weese]

I'm reading a lot of papers today? I worry when Greece comes to meet with our president about economies. What did we give Greece this time? Greece spends more servicing its' debt than its GDP. Unfortunately, we're on the same path and nearly the same GDP problems. How bad is this? Rich

http://www.deseretnews.com/article/700015406/Greeces-crisis-could-presage-USs.html?pg=2

[James Harkness]

I think that the current state of the global economy (especially the economy in the United States) is a cause for concern for many. We can certainly point out a lot of commonalities between the United States' economy and that of Greece. I am currently reading the book, "House of Cards". It is about the history of Bear Stearns and how it went under. Extremely good read and very interesting. Also provides a lot of insight as to why the economy is the way it is today.

It is the general fear and insecurity that the people feel and propagate that is really hindering a recovery. As long as people do not have any confidence in the economy/credit markets, there will be no recovery. I recommend the book. It opened my eyes to a lot.