2010-05-31, 11:38 AM
Devil Wrote:Waot wut?
Americans learn about a possibility facing an European economy disaster?
The reason why this financial crisis started, originated in the USA in the first place, and California is in a worse condition then Greece is atm...
Intersting stuff you ppl learn there in the USA... :+)
Just goes to show much Europe and The U.S.' banks and markets rely on each other for stability, similar to the markets across Asia as well.
Nobody is going to have to bail out California with an aid package amounting to nearly as much as they did for Greece (100 billion Euros...). Also, nobody got killed because of California's economy like they did in Athens (3 killed due to protests stemming for tax increases and spending cuts).
Interesting stuff you people learn there in Europe.