re your…”We still have the debt issue showing itself in Europe and we may be next.”
So far, as far back as I can remember in the 1970s, (country or people) debt is only a problem for the lender. No more debtors prison. When they stop paying, usually get a fresh start. Mexico got money, Poland got money from IMF etc, loans always get forgiven.
Its just paper money I guess why. If they were lending GOLD it would be a different story. Paper money loans on paper checks don’t mean anything. Nothing bad will happen re Greece, if they don’t pay or agree to terms. Its all hype imo.
In fact if they don’t pay and drop out of the European union, that would be good, because of a domino effect, and the countries would be separate and independent again like they used to be.
Integrating or merging countries together (consolidation) is good ONLY for international business and international power. NOT each country where some countries benefit at the expense of others. Welfare. Easier for a few to control and manipulate billions of people.