Ramsey Has a Word For Greece

Dave Ramsey breaks down the financial situation in Greece.  It's not that hard to figure out.  Click here to read and listen.  From the article:

Dave Ramsey — radio personality, author and personal finance guru — has a few words of advice for Greece.

Because, really, how different is Greece from a family who owes more than it earns? It's just that in this case, the family issues bonds instead of using a credit card. And it makes $343 billion per year and owes $405 billion.

Dave Ramsey says Greece needs to have a fiscal awakening before it can start to pull itself out of debt.

"Let's just put that in perspective," Ramsey says. "This is a guy making $100,000 a year who owes $150,000 in credit card debt." 

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