Greece wont happen here. The US will inflate its way out of the problem. The Fed is doing it already, quantitative easing is just a euphemism for expanding the money supply (printing more money). Thats what scares me, the only recourse for the little guy is to invest in TIPs (basically no return but inflation protection) or hard assets (real estate, gold, art and other collectibles, etc).
Anyone have an idea of what % of the recent TOT decline is due to the weakness of the EURO??