In parts: The size of the ballpark depends on the ball game. As far as heights, if yours were half of mine we would not be playing in the same league, let alo

In parts: The size of the ballpark depends on the ball game. As far as heights, if yours were half of mine we would not be playing in the same league, let alone in the same ballpark at the same time. But wealth's utility falls off very quickly (cf. log-utility), and to this day Greece is a member of the OECD. Greek is in trouble. There's no denying that. California, not so much. Still in some. But the worst may have passed already, because it's better grounded: on sovereign US soil, that strong federal government you mentioned. It's a state in a good federation, whereas Greece is in a bad (weak-willed = opt-in) federation.