Comments about ‘How Greek shock waves could hit U.S.’

Polling had shown New Democracy (I forget if they're center left or center right, though either of them would probably be considered liberal here) with a 2 point lead over far left Syriza (about 27-25... there's about 9 major parties there, ND beat Syriza something like 20-15 in the May elections). With no polls taken in the last two weeks (by law), Syriza's surge compared to May, and with a possible increase in ultra-nationalistic attitudes after their soccer team beat Russia, I think Syriza will win. I hope I'm wrong though.

It doesn't have to effect us one iota. Only self-created hysteria will lead to any downturn. Besides tourism and a few other things Greece offers little to American. Heck, if their currency crashes after leaving the Euro it might be good to travel there. Basically, let whatever happen happen. No need to go into panic mode.

Oh, what a tangled net we weave when at first we try to deceive. This new world economy claiming to be great will be the downfall of many governments. It has become so convoluted that no one knows for sure what layer is weak and how they all interact. When the banks and IMF keep inventing different ways, swaps, etc. it is bound to collapse. When banks can keep secret how much they have invested in foreign businesses and governments we are in deep trouble my friends.

The Greeks have a serious dilemma on their hands. Street riots and violent destruction from the entitlement crowd socialists resisting entitlement reductions and austerity or continue to live beyond their means and certain default and economic collapse. Seems we are right behind them: Wisconsin or California!