What’s wrong with Greece ?

I guess every body will answer quickly to the title question : too much deficit, no control on the money so they can’t get a relief by depreciating their cash, …

Ok, I know that…

Now, I will point your attention to California: California is about $20 billion short this year (about a quarter of its budget), has no control over the dollar, …

The situation is not the same, but there are some similarities (basically, both are, each in its own way, in deep financial sh*t crisis).

And California is 13% of the US GDP… so what’s all this fuss about Greece while California is in great trouble.

Is something even more wrong in Greece ? Or something making the Californian crisis “ok” ?

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