Greece Warns of Going Broke

Comment by bob L.
Thur.06-07-2012

This sounds just like the United States, except it will be July 2013 if Obama gets back in to office.

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Greece Warns of Going Broke as Tax Proceeds Dry Up

By LIZ ALDERMAN | New York Times
Wed.06-06-2012

ATHENS — As European leaders grapple with how to preserve their monetary union, Greece is rapidly running out of money.