No 11% Solution for Greece - Up and Down Wall Street Daily - R. Forsyth - Barrons.com:
"Most people in US bought into the housing bubble.
As for Europe, high taxes and social spending have stifled growth and initiative in a manner not too remote from the Roman empire's stifling of democracy in the countries they conquered.
Will the winds blow towards more government and even less private sector encouragement; or, will the winds blow out some socialist government spending forever?
Who knows?"
Friday, April 23, 2010
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