Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Aardvark Adventures -- Ignore unavailable to you. Want to Upgrade?

To: ~digs who wrote (7285)	4/27/2010 4:26:10 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 7944

I would ask Bank of Greece Governor George Provopoulos what he thinks the US is in for. As for Greece itself, Mr. Provopoulos is predicting that Greece's public debt burden could amount to 130% of GDP or higher by 2014, well above the government's estimate of 120.6% this year, even as he warned that the economy could shrink by more than 2% in 2010. "The Greek economy is in the midst of a deep, structural and multifaceted crisis," he said. "The exit from this crisis will therefore require a multiannual, persistent and systematic effort. It will require a break with the past." (they also have huge public pension overhangs, like ours) Hangovers? ____________________________________________________ We (the US) isn't in dire crisis mode, yet, but we're sure working hard to catch up!