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Friday, March 5, 2010

Greece Sparks Worries about U.S.

“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

  • Sheldon Richman is the former editor of The Freeman and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families and thousands of articles.