Protesters outside of Greece Parliament yesterday—three people have died as a result of the riots fueled by fears of an economic collapse and government austerity program that will freeze wages, cut pension and increase taxes.
Protesters rioting in the streets in Athens, Greece the Socialist Government has lost the confidence of the people as an economic collapse of their nation may be all but certain.
Is the United States the next Greece?
Former Clinton Senior Adviser Dick Morris says, “The U.S. Economy will ultimately suffer the same fate as Greece, which is struggling to avoid default of its government debt…the same deficits and lack of control of spending that have landed Greece in such turmoil will eventually spread to the United States and Britain because our deficits are just as high and contracted just as irresponsibly by socialist regimes.”
More here from Newsmax.com
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U.S. Markets staged one of the most dramatic sell-offs in history on Thursday
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