When we think of Greece, we like to recall the grandeur of ancient Greece and its “golden age.”
That’s when it was a great civilization, a power throughout the Mediterranean world, with magnificent architecture, great philosophers, Olympic greatness and more.
But that, sadly, is not the Greece of today. Greece now is in financial crisis as its credit rating has declined to “junk” status.
What happened to the great Greek civilization of the past, when it created great philosophy and high civilization in many respects?
Simply put, modern Greece has ignored or violated all of the basic principles of national finance, and its troubles are growing worse.
Shouldn’t the fall from the greatness that once was Greece to the dire circumstances of modern Greece provide an alarming warning to us?
Could the greatness of America in time suffer the same kind of decline and fall that Greece and its civilization have experienced?