SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: steve harris who wrote (871430)7/9/2015 2:55:04 PM
From: combjelly  Read Replies (5) of 1574258
 
But that isn't Greece's sole problem. While it may have contributed to their debt problem, it is far from the sole cause. Add in the fact it doesn't have a sovereign currency and there they are.

The US doesn't have a debt to GDP ratio nearly as high as Greece. It does have a sovereign currency. Not only that, it is the choice reserve currency on the globe.

So no, the US is not on the road to a Greece style melt-down.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News