Greek PM: gov't needs to borrow at normal rates

Ignore Greece for a moment. Do Europe, United States, and parts of Asia deserve to borrow under current terms? As the debt pile continues to grow across the West, is price no longer a function of risk in the fiat system? The rising price of gold in large part reflects the answers to these questions.

Prime Minister George Papandreou says that if Greece cannot borrow on terms that are similar to those enjoyed by other European Union countries, the results will be "worse than catastrophic."

Source: finance.yahoo.com