Wednesday, May 5, 2010

Is Greece Just Tip Of The Iceberg?

[HT:IF] Subject: txt intl mny sclm -
Fiscal Crisis: Now it's a done deal: Greece got its $146 billion bailout, which the U.S. will help pay for. But anyone who believes the Western world's financial crisis is over doesn't understand what's really happening. That may sound like a collective sigh of relief coming from Europe. After all, it appears that with Greece's pledge to mend its fiscal ways, the European Union might have turned a corner when it comes to its chronic deficits and exploding debt...

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