10.31.2011

Greek`s Tragedy

In addition to its roughly 400 billion dollars (and growing) of outstanding government debt, the Greek number cruncher had just figured out that their government owed another $800 billion or more in pensions. Add it all up and you got about 1.2 trillion dollars, or more than a 250,000 dollars for every working Greek...And those were just the official numbers; the truth is surely worse. - in CNBC