The difference between America and Greece? A few years... and a very powerful American military.
If it weren't for our ability to wage war, we would share Greece's fate. Thanks to the military, our fate will be different. Maybe worse. SOMEONE's certainly will be.
June 19, 2012 11:13 pm
Greece’s ailing economy grinds to a halt
By Joshua Chaffin in Athens
FT.com
Last week, Medical Service Limited, a small Athens’ supplier of medical equipment that can no longer afford to pay its employees, received what should have been a blessing: an order from one of the city’s hospitals for a heart monitoring machine.
But after thinking it over, Yannis Stamos, the company’s co-founder, turned the customer away. Filling the order would have meant reaching into Medical Service’s own pockets to cover the €35,000 cost of such a machine, since Greek banks have stopped lending and the company’s German suppliers now demand pre-payment in cash.
Even if it could foot the bill, Medical Service would then have to hand over thousands of euros in sales tax to the Greek government within a month – long before any hospital is likely to pay.
“It’s a terrible situation,” Mr Stamos says. “Everything is frozen. The economy is dead, and no one is paying anyone.”
http://www.ft.com/intl/cms/s/0/e79024a2-ba28-11e1-84dc-00144feabdc0.html#axzz1yL7ppLlE
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
| 
