America is just way larger than Greece. The fear is over the governments do not have enough money to keep it going. It has been a topic on local to international levels. The bank's money is insured by our governments. It is not have manufacturing or jobs, that is another topic, probably not for a technical blog about making a electronics toy chime from the bread board to a soldered circuit board and packaged inside an art and good design enclosure. The U.S.A. government almost have to shut down, until the money issues are resolved. The U.S.A. banks just voted themselves a bail out package it was planned, before the new President with a different background than previously got chosen in. The banks, insurance, and automobile companies did not care who is in office, as long as they get money to repay their debts and allowed to re-organized. The Lincoln Memorial, Smithsonian, and Library of Congress almost have to shut down. It came close and was adverted. California was not so fortunate, parts of DMV has been shut down, that registration and smog check papers are delayed. I do not live in Greece, but I am sure there are some service reduced. California still faces government layoffs. The problem is simple, there is not enough jobs in the western world to keep every one healthy. The problem in the eastern world, China is there are too many jobs, but the wages are too low to be much help with inflation. One could be working and still sleep in a cardboard box. China has two extremes, really wealthy and really poor like the I Pod girl at Foxconn. She does all the electronics. I am not sure that I want to work in an I Pod assembly line, after the university experience. I would get bored at snapping those parts together. Some products will never come back to America, because the higher ups sold it to a company in China like the IBM Think Pad by Lenovo. Lenovo is a Chinese owned company. IBM Think Pad is a part of China. Americans are going to have to make something that has not been sold off to a foreign company to make. Americans are going to have to re-think what is work and re-think about new places to apply for work. I think the recession/depression is going to make me and everyone stronger and better, because we will endure hardships and scarcity. The military is not going to bring the wealth back for us, but maybe a few that invested in the lands they occupied. Winning in Afghanistan for that pipe line is not going to help me, because that energy is going to be used in the U.S.A. and the profits are not going to come here. Making Iraq ours or 51TH State is not going to help me. Iraqi oil will run dry like Iranian oil or Egyptian oil. Egyptian oil went dry in 1972. These agendas are for the large businesses that influences our government. I remembered when the G4 Power Mac came from Elk Grove, California. It did had a defect, a surface mounted capacity solder was fractured by insertion into the AGP slot. I removed the graphics card and carefully place a drop of solder and checked it with my plastic Zeiss stereo magnifier and it is repaired. The new Power Macs are from China by Foxconn. It is not going to come back. We have to do something else.
Greece is not going to be like it was, that they will have to do something else and live with austerity to save their economy. Greece might recover quicker than the U.S.A., because it is a smaller country and less social problems. America is a large country that Greece is a small country. These are advantages here on both places.
Lawsen