Greek style financial meltdown in the USA would never happen. We are special.
From the Guardian
While Greece erupted in protest again, representatives of the country's government were trying to drum up international investors' interest in a "fire sale" of its national assets.This in from Leucadia's own global finance guru, Two-armed Jack (to keep his identity a temporary mystery):
Up for sale are 39 airports, 850 ports, railways, motorways, sewage works, ... thousands of acres of land for development, casinos and Greece's national lottery.
The same vultures the taxpayers bailed out are setting up pools of cash to start buying up public assets as the debt crisis catches up to the USA. Encinitas is screwed too. It is just a question of how many parks the city will have to sell to pay off its pension debt that exploded with one vote five years ago.Sure would be a bummer if we had to sell the Hall park. I don't know about finance, but that would never happen. Americans are way smarter than the Greek. That's how we kicked their assess in WWII!