Rick Rule: “To me, Eric, the thing about Greece is not so much its absolute impact as the fact that it is symptomatic. As an American, when somebody brings up Greece, I think of Detroit or Illinois. We are creating our own homegrown Greece’s right here in the United States….
“Greece is symptomatic of politics and where we are in the financial services community. And I don’t think that Americans need to look to Greece. I think they can look to Detroit or Illinois.
And when I look at the mainstream media touting an economic recovery in the United States, I have to tell you that I’m just not seeing it. I don’t see the personal circumstance of most Americans improving from a credit point of view.
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