Charles Krauthammer: Greece, “From An American Perspective, That’s Our Future”

Greece is running a 13% deficit, owes the world $300 Billion and is now working out a bailout with the EU for $41 Billion.  Charles Krauthammer has a opinion on America’s future in relation to what is happening in Greece right now.

“…from an American perspective, that’s the future.  We now have a GDP, a deficit this year of over 10%.  Which is wildly out of control…if we stay on course, the most optimistic estimates out of the CBO are that we are going to have a national debt, a total accumulated debt in ten years of about 100%, 90% of our GDP, in which case we become Greece…”

By Logistics Monster

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