The entry below is being cross posted from Marjorie Arons-Barron’s own blog. Check it out.
Forget Romney and Obama for now. The greatest immediate impact on the U.S. economy, beyond the control of either nominee, could be what happens Sunday in the Greek run-off election. On that day, millions of Greek voters will choose from among a group of flawed and untrustworthy leaders a party (or coalition of parties) to lead them out of the corrupt, debt-ridden wilderness. At stake are that country’s solvency, its membership in the Eurozone, the stability of the global economy, and a possible double dip recession for us all.
Jim Barron (yes, we are related) just returned from Athens with what, I must say, is a cogent take on what’s happening there. It’s published today on GlobalPost.com