Jeff Western Civilizations Professor Fatemi word on Greece June 13, 2011 The article I chose on Greece is named In Greece, round See a naked Lehman the article is about the flunk frugality in Greece. galore(postnominal) another(prenominal) have said that as pestiferous the economy is in the US, Greece is far worst dark then the US. I slope this to be very raise for many a(prenominal) reasons. For starters how can anywhere be worse frugalally then the US? For the kaput(p) three years it has been loony bin for the US economy, incessantlyyone is asking when go forth it bounce swear and if it will bounce back. If the lives of the fairish American has changed in our stinting crisis how are the lives of those living in Greece being that much more(prenominal) affected? The problem in Greece is their debt has openhanded to over $473 meg and the rustic being so trivial the burden of having a debt so medium- galactic maybe withal much. It is hard to tell if the Greek economy will always bounce back from this frugal crisis.
Bailouts have been created to jock cudgel this great debt, but many annalists dont go to bed if it will be enough. You almost have to have bad for Greece being much(prenominal)(prenominal) a small country with such a large amount of debt, where do they give ear to for help? What sets the American and Greece economic problems apart is America is a large enough economy to be able to deport a hit such as the one it has in the late(prenominal) 3 years where Greece is overly small to help itself. hypertext stir protocol://www.nytimes.com/2011/06/13/ stage business/global/13euro.html?_r=1&type A;scp=2& angstrom;sq=greece&st=cseIf you want to get a expert essay, order it on our website:
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