The EU wants Greece to get where their government budget deficit is 2% of GDP. To put that in perspective, the US government deficit is
around 8%
http://www.usgovernmentspending.com/federal_deficit_chart.html
That’s only the Federal overspending. Most States and local governments aren’t allowed to have budget deficits, but there are many ways to put a community in debt while appearing to have balanced budgets. Where there is Goldman Sachs, there is a way.
Interesting. My brother told me of a secret that he saw on a
‘Survivalist’/’Tea-Party’/’Doom’/alex Jones/Beck message board.
It seems economic collapse /Doom is always three to six months away. Now that Greece is ‘refinancing’ with JD Byrider, they may hang on for a while long. But I hear that the rest of Europe is in trouble with recession. Is that true?
well, at least all your survival food will be good for the next hurricane and earthquake.
Keep it in a ‘well built’ shed/building, one level with no gasoline around. Smaller sheds/building that are ‘well built’ with good heavy wood flooring seem to ride out earthquakes easily. Not cheap built, you want well built, overbuilt. Good locks on the door.
Obama sure has ‘stimulated’ the firearms industry here in the states. Maybe that will help our economy’s bottom line and make a dent in that deficit? probably not enough though.
have a good one !
Parrott
Check out Spain — unemployment at 25% or higher. People are in the streets. Things could get dicey for a few other governments too. Argentine was reported to have well over 100,000 protesters demonstrate against their president a few nights ago.
The best way to keep up with the real news in at http://www.rt.com/news/ this is Russia TV on the INTERNET, kid you not. At least you will get news the sycophant mainstream media in America will not even talk about.