Saturday, April 23, 2011

US Going Same Route as Greece, Portugal: Economist (CNBC April 7, 2011, 9:23 am EDT)

The US is going down a similar road as that taken by Greece and Portugal with regard to its budget decisions, John E. Silvia, chief economist at Wells Fargo, said on Wednesday.
"To me-being in Europe for a few days-the plot in Greece and Portugal sounds an awful lot like the same plot that's going on in the United States. But the characters have different names," he said.....

Original article:



http://finance.yahoo.com/news/US-Going-Same-Route-as-Greece-cnbc-3198218354.html

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