Long-time readers are aware of Ellisblog's obsession with Greece. We are rapidly approaching the day when any number of the United States will have their "Greek moment." Unable to print money, states have to balance their books. Which means they must cut costs, cut services, borrow more money at higher rates of interest and try to raise taxes. Good luck with that last one.
Friday, June 18, 2010
Posted by John at 6/18/2010 03:48:00 PM