Is Greece a Spoiled Rotten Rich Kid?

Filed under: International Markets, Politics, Headline News, Recession, Currency

Greece is acting like a spoiled rotten rich kid who just threw her designer purse out the window because daddy took the maxed out credit cards away! Protesting, stamping your feet, slamming doors and calling for mommy are not going to help the situation! Someone needs to get a job, stop spending, and (gasp) save money for a change.



There has been a lot of great commentary about the financial problems of Greece recently. I share the concerns that others have expressed about Greece's ability to pay it's off its debts and make the necessary cuts. Over the weekend a very large bailout package was put together and that should be able to delay default and the effects of too much debt for a while, but it does not address the real issue.

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Is Greece a Spoiled Rotten Rich Kid? originally appeared on BloggingStocks on Mon, 10 May 2010 18:00:00 EST. Please see our terms for use of feeds.

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