Posts Tagged ‘Greece’

  • 15498_captchaFunky

    Default D

    Feb 26, 10 • 111 Views • Thinking EconomicallyNo Comments

    Seeing current concerns about the money owed by Greece, I wondered about her past record.  Until 1932, it was not good.  The first report of Greece defaulting on her debt was during the fourth century B.C.  At the time, ten Greek municipalities...

  • 15486_greekCoinSM

    California and Greece

    Feb 23, 10 • 108 Views • Thinking EconomicallyNo Comments

    An SAT question:California: US = Greece: EU. California and Greece are similar because…1. California and Greece have debt problems.2. Both have government employees with salaries and massive pension liabilities that they have to cover.3. Both would...