Well, california's debt rating is almost as bad as that of Greece while california's economy is essentially the same size as that of Italy or Spain. So Soros is not far off when he speaks of a looming internal local government debt crisis in the US.
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Euro crisis about to be resolved, USA is next :D
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Euro crisis about to be resolved, USA is next :D - by Ashendant - February 5, 2011 at 9:21 am
RE: Euro crisis about to be resolved, USA is next :D - by downbeatplumb - February 5, 2011 at 12:33 pm
RE: Euro crisis about to be resolved, USA is next :D - by Anomalocaris - February 5, 2011 at 12:40 pm
RE: Euro crisis about to be resolved, USA is next :D - by Ubermensch - February 6, 2011 at 9:39 am
RE: Euro crisis about to be resolved, USA is next :D - by Ashendant - February 6, 2011 at 9:51 am
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