Peter Schiff in The Real Crash and others see the U.S. as having the same prob­lems as Greece and that what we see now in Greece is just a pre­lude to much larger prob­lems in the United States.   This is a false analogy that mis­rep­re­sents the effects of large deficits as well as the spe­cific prob­lems that Greece faces.

Read the article at Forbes →