Debt Crisis in Greece. It Could Happen in America

Andrew Gavin Marshall - Global Research, April 29, 2010

As U.S. cities and towns wrestle with financial problems, investors are finding a new way to profit on their misery: by buying derivatives that essentially bet municipalities will default.

Across the Ocean, Greece's debt is mounting by the day, while the United States is starting to recover from the worst financial crisis since the Great Depression.

Will there be a ripple effect from Greece's economic crisis?