All Commentary
Wednesday, June 6, 2012

Greece Soon to Be Out of Money

“Government coffers [in Greece] could be empty as soon as July, shortly after this month’s pivotal elections. In the worst case, Athens might have to temporarily stop paying for salaries and pensions, along with imports of fuel, food and pharmaceuticals.” (New York Times)

A sign of things to come?

FEE Timely Classic
“Greece: The Canary in the U.S. Coal Mine?” by Steven Horwitz