As most of us know, Greece is very deep in the hole. And how do you think they got there? I'll tell you how: EXCESSIVE GOVERNMENT SPENDING and LAZY PEOPLE ON WELFARE MAKING THE GOVERNMENT SPEND MORE
So now that the Greeks have been stupid with their money, the American Taxpayers are stuck into bailing them out. Why should we be bailing out anybody in the first place... let alone another country!
And because of our having to bail them out, the Dow Jones Industrial Average has dropped from 10713 points to flirting with 10000 in just FOUR DAYS!
One good thing has come out of this however, and that is the fact that the Euro has dropped from being worth $1.44 on 31 Dec 09 to $1.24 today.
I don't see why our government has sent billions over to help Greece when we are already almost $13 trillion in the hole as it is... in a numerical value that is $13,000,000,000,000 and it keeps going up. Way I see it is that the American Government should work on getting rid of our debt instead of enlarging our debt to help out another country. Let Greece and the rest of Europe go to crap.
This is what happens when Socialist policies are put in place, and this is why we need Capitalism. And this is why multi-national currencies fail... because if one nation fails, the currency will soon follow.