Once the epitome of the stock market, Athens Stock Exchange (ASE) has dawned a dark day leading its GDP account to the brink of bankruptcy. Greece has moved to the point of indebtedness; precisely $400 billion dollars in debt. Thereby causing United States investors to loose money in that sector. One needs to understand that the investors money is that which sponsors companies budget in the US; so without this capital or budget income coming in, the economy downturn in Greece is sure to affect the average workers of the US. But this effect in the US is nothing compared to that of the citizens in Greece; according to the CIA world fact book
"Public debt, inflation, and unemployment are above the euro-zone average while per capita income is below; unemployment rose to 12% in 2010"
One needs to understand that with this growing rise of unemployment and economic depression, there is likely to be a very aggressive population. It is definitely an important crisis that needs to be made more aware of, and the possible solutions to it to the public.
LINKS
https://www.cia.gov/library/publications/the-world-factbook/geos/gr.html
http://www.elliottwave.com/freeupdates/archives/2010/04/28/Greece-s-Economic-Downturn-Inevitable-But-Not-Unforeseen.aspx
http://news.bbc.co.uk/2/hi/business/8508136.stm
http://www.cnn.com/2010/BUSINESS/02/10/greek.debt.qanda/index.html
http://money.usnews.com/money/business-economy/articles/2010/03/11/how-greeces-debt-crisis-affects-america
http://www.time.com/time/world/article/0,8599,1971491,00.html
http://www.nowpublic.com/world/greece-economic-crisis-and-general-strike-spark-riots-2589527.html
http://www.businessweek.com/ap/financialnews/D9FI9IA80.htm
"Public debt, inflation, and unemployment are above the euro-zone average while per capita income is below; unemployment rose to 12% in 2010"
One needs to understand that with this growing rise of unemployment and economic depression, there is likely to be a very aggressive population. It is definitely an important crisis that needs to be made more aware of, and the possible solutions to it to the public.
LINKS
https://www.cia.gov/library/publications/the-world-factbook/geos/gr.html
http://www.elliottwave.com/freeupdates/archives/2010/04/28/Greece-s-Economic-Downturn-Inevitable-But-Not-Unforeseen.aspx
http://news.bbc.co.uk/2/hi/business/8508136.stm
http://www.cnn.com/2010/BUSINESS/02/10/greek.debt.qanda/index.html
http://money.usnews.com/money/business-economy/articles/2010/03/11/how-greeces-debt-crisis-affects-america
http://www.time.com/time/world/article/0,8599,1971491,00.html
http://www.nowpublic.com/world/greece-economic-crisis-and-general-strike-spark-riots-2589527.html
http://www.businessweek.com/ap/financialnews/D9FI9IA80.htm
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