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Local News

Greece Confusion


Are you confused about the economic situation in Greece, as well as the rest of the world, the U.S. included? Well,  Bill Valentine, with Valentine Ventures makes it easier to understand. Bill recently visited the KBND studios, and he described how economic situations around the world can compare to areas of the United States. "Greece is like Delaware. So when Delaware gets in trouble, the rest of the country doesn't worry about it too much. Italy is more like Pennsylvania. California is Germany, Texas is France. So California and Texas have to carry the weight for the other ailing states. I did think of a fifth state; Illinois is Spain." Valentine says the Greek crisis is more symbolic to the rest of the world rather than something that will affect the rest of the world. He adds that the Euro could be one cause of the problem; because of the various countries with an assortment of governments, having different views of the worth of the Euro.

 

 

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