Will the U.S. Become Another Greece?

Tweet RECORD DEBT, FORECLOSURES, AND UNEMPLOYMENT PAINT A BLEAK PICTURE by Sharon Rondeau (Feb. 14, 2012) — The Mediterranean nation of Greece has suffered rioting, pillaging and and torching in the wake of Parliament’s approval of austerity measures to meet the demands of “bailout creditors” with the purpose of avoiding a default on its government debt. A [...]

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Tags: bailout, Congress, dictator, economic recovery, Europe, European Union, Federal Reserve, Federal Reserve Bank of St. Louis, food shortages, foreclosure, Germany, Greece, Greek Parliament, home foreclosures, International Monetary Fund, Realty Trac, Socialism, trade agreements, U.S. Constitution

Categories: National