Quote:
Originally Posted by *******
We are simply listening to those at the world bank and heads of state say about our financial system. They are very clear they want a new system and are not shy about admitting it. And we are not labeling anything"doomsday". We are saying that the USA (and Canada) has lived in bubble for far too long and some of the same crisis that other parts of the world have as their daily reality will be coming our way eventually.
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but the problems with the euro are already there, and already affect markets in the US and Canada. This mess in greece has caused big ripples in the markets over the last week or so. If there is hope in greece and the euro there is no reason that the US can't make it out fine just the same...
Everyone wont shut up about the debt in the US but look where they are placed on this list of sovereign countries public debt to GDP ratio...
http://en.wikipedia.org/wiki/List_of...by_public_debt
32nd on that list, and that I find very relevant.
Explain how i'm wrong.