[whitedog57]

Because the EU knows that the ECB will start printing $$$ like crazy, just like our Fed.

Don’t you know, Greenspan and Krugman say that debt doesn’t matter because we can print dollars to pay bondholders.

http://confoundedinterest.wordpress.com/2012/01/16/france-sells-sovereign-debt-portugal-joins-greece-in-the-too-socialist-to-survive-club/

[WOBBLY BOB]

Geithner rejects GOP warnings of Greek-like debt crisis in U.S.
http://thehill.com/blogs/blog-briefing-room/news/98599-geithner-us-not-at-risk-of-debt-crisis-like-greece
The Greek debt crisis is “not going to happen” in the U.S., Treasury Secretary Tim Geithner said .
Geithner rejected comparisons, advanced in large part by Republicans in Congress, between the fiscal situation in the U.S. and the debt crisis in Greece that has roiled the European Union, sent Greece to the brink of default and weakened the euro.
“It’s not going to happen in the United States,” Geithner said during an appearance on CNBC.