Foreign Borrowings Will Lead To The Destruction Of The US Financial System

 "Greece’s distress is an extreme example of what happens when debt service is high but investment in the economy is insufficient. According the Wall Street Journal, “Parliament member Panagiotis
Kouroumplis…supported the first bailout, but, he says, ‘every single euro we got went for debt. We haven't spent a single euro on development.’” The U.S. has a bigger and broader economy, but our bailouts—and the financial malfeasance that preceded and follow them—have nonetheless given our producing economy a body blow while chiefly benefiting fee-seeking dead-end financiers that eat up an outsized percentage of the nations GDP."