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Would the same approach that's being taken in Greece work elsewhere?
If other countries were offered the opportunity to borrow money at a fixed rate, in exchange for austerity measures meant to ensure the return of the loan, would this work for other countries having trouble securing loans?
Even internally within a country, is this a good plan?
If the United States had done this in it's 2 large "loans" to the Auto and Finance industries, would those industries look any different?
Why is it ok for a COUNTRY to be told what types of austerity measures should be taken, but when the United States loans a private company money, they have no say in what needs to be changed to make sure the tax payers get paid back?
Tags: bailout, crisis, debt, eu, financial, greece, states, troubles, united
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