Quote:
Originally Posted by Slava
There are enormous differences between Greece and the US, and probably more differences than similarities economically. One important factor though is that the US doesn't have to rely on other countries...it might not be pretty, but they can print more money. One issue the Greeks have is that they don't control that factor.
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This is my exact point. The more money they print, the more they devalue their currency, and the FURTHER the world moves away from using it as the global currency. There have been many talks and meetings lately between the OTHER world powers about de-centralizing trading from the US dollar. if (when?) that happens, watch the inflation happen in the US. What do you think happens when oil, gas, groceries, etc all jump by 100% inflation in the US?
Occupy Wall St. won't be the only protest.