Thursday, March 1, 2012

What Are The Reasons Why We CAN'T Compare Greek And US Economies


What Are The Reasons Why We CAN'T Compare Greek And US Economies?
Everyone is drawing parallels between the economies of these two countries... Some already blame the US president for directions we are heading because it is not working in Greece... Is it a fair comparison?
Politics - 5 Answers
Random Answers, Critics, Comments, Opinions :
1 :
For one thing Greece cant print Euros like we can dollars.
2 :
The truth is you really can't on most levels. You can however see them as a micro-example (so to speak) of what happens when you spend more than you make.
3 :
The US has a black president, and only racists would dare question the policies of a black president..
4 :
Have you been to Greece? You have if you've seen nasty parts of Detroit...
5 :
Greece has a smaller economy than the US, that is pretty much the only difference. Well, also, their economy is mostly based on tourism. Ours is a little more diverse. It is a fair observation to make that Greece is in trouble because its government's deficits grew out of control, and that is the same problem we're facing. Every empire in history that does this winds up like Greece; no exceptions. Those that do not learn history are doomed to repeat it.