“Greece’s economy is about the same size as that of Massachusetts. The Mediterranean nation ranks 63rd among buyers of U.S. exports. Athens is 5,139 miles from Washington. But despite this literal and figurative distance, the Greek debt crisis has created a new set of risks for the U.S. economy — remote risks, perhaps, but real nonetheless.” (Washington Post, Friday)
A new domino theory.
FEE Timely Classic
“Hans F. Sennholz” by A $5 Trillion National Debt