Greek Referendum Fails to Pass After People Vote ‘No’

Greek Referendum Fails to Pass After People Vote ‘No’

With over two-thirds of the votes counted, Greek citizens voted “no” on Sunday to the referendum that was set to allow the European Union (EU) to help save the nation’s growing debt. Early in the day three unofficial opinion polls indicated that the Greek referendum was trailing by a small margin, but the confirmed numbers […]

Greece’s Default Holds a Warning for United States

Greece’s Default Holds a Warning for United States

Greece’s default holds a warning for the United States. The warning is a country cannot become tilted where the number of non-working people grows so large that the smaller number of employed people cannot continue to support them. The Mediterranean country defaulted on its $1.7 billion debt payment to the IMF today. Banks are closed […]

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