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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (41979)	3/14/2010 1:50:58 AM
From: RMF	Read Replies (1) \| Respond to of 71588

So, you are saying that Greece is having their problems because they spent like crazy (JUST LIKE US), and political forces make it hard for them to pull back from that (JUST like US)? But, you seem to be saying that WE are not in the same position as Greece? There's a BIG reason that we aren't in the same boat as Greece and it's not because we've played our hand so much better. It's because we are TOO BIG TO FAIL... If WE go down, EVERYBODY goes down. We are essentially the World's Bank. They all hold our currency and they all hold our debt paper.