In 2010 the Greek government was caught misreporting their economic data. This caused creditors to lose faith in their bonds which sent yields skyrocketing.

When yields skyrocket, that means it costs government debt skyrockets even further because the lending costs have increased. Its basically economic quicksand and they will begin to sink even deeper.

>https://en.wikipedia.org/wiki/Greek_government-debt_crisis#2010_revelations_and_IMF_bailout
>Fraudulent statistics, revisions and controversies
To keep within the monetary union guidelines, the government of Greece for many years simply misreported economic statistics.[99][100] The areas in which Greece's deficit and debt statistics did not follow common European Union rules spanned about a dozen different areas outlined and explained in two European Commission/Eurostat reports, from January 2010 (including its very detailed and candid annex) and from November 2010.

The result of this was the near-collapse of the entire Greek government. It was saved only narrowly by an EU bailout because Greece is not nearly as big of an economy as the USA. When this happens to the USA we will not have anyone to bail us out and it will spell the end of the west.

The question we need to be asking ourselves right now is "is the USA misreporting its data"?

Because there seems to be a pretty big gap between the inflation data we're receiving...and some other information...and...reality.

We're already having economists raise doubts over the verifiability of the USA's inflation data.
>https://theweek.com/business/economy/inflation-data-economy-trump-tariffs-cpi

They would never lie....

>>510512644 (OP)
>The question we need to be asking ourselves right now is "is the USA misreporting its data"?

There's a reason why USA is called the Empire of Lies.

Look the armies of homeless at the streets and take a look after the unemployed numbers.