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I thing the explanation of European debt crisis is simple: Too many voters has given credence to politicians' suggestion that "Estate debts are seldom rendered", see /watch?v=shCl4DGqhyU.
traplican 2 months ago
Oh..... I enjoyed the video,but China is not strong,advanced,or to be envied by anyone.............China is actually long term in worse shape than even Europe,they will be the first nation to grow old before they grow rich...This will be the first time in Human history,for these 2 things to come together...
TheChristianRight09 2 months ago
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To be fair many have some blame,non club med nations looked the other way when southern members broke EU rules.Debt to % of GDP in yearly budgets,for example..Voters in club med nations and Ireland,voted for politicians that instituted lower tax's and excessive entitlements decade after decade... Net result, Hugh debt for relative small nations....
TheChristianRight09 2 months ago
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A cheap Euro is very good for Exports, but the neocon controlled media fools the naive taxpayers and consumers into thinking it's bad, what a criminal shame ! Solution : Fiscal Union, Banks stability and extra reserves , more EXPORTS ( EU needs 1 million kids learning the Export-Import business ) AND UNITY AGAINST THESE ORGANIZED NEOCON SHORTERS AND SPECULATORS : the cancer of the World . financialtools1.blogspot.com
financialtools1 2 months ago
gov't workers in Greece wanted a lifetime gravy train, borrowed money to fund it, greece couldn't afford that, now they want somebody else to pay off the debt.
that's ten second, tops.
andrelebaron 4 months ago 2
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THESE THIRD WORLD COUNTRIES HAS NO WRIGHT TO JOIN ERUOPEAN EUROPEAN UNION,,,we r paying big taxes for these poor and illetrate east european countries ,,i feel really shame and sorry with all our schangen countries peoples that UK,and FRANCE alway help to join our club
gironashah 1 second ago
gironashah 1 year ago
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euro---failed experiment, European union---failed experiment, soccer---sport of losers, Europeans---lazy fools who think a society can function if people only work 35 hours a week, NATO---failed experiment, political correctness---failed ideology, IMF---failed experiment, World Bank---failed experiment, the United Nations---failed experiment, trying to hold talks with Middle Eastern/African/Central Asian Islamofanatics---failed policy, Europe---failed continent
CornFedArmen 1 year ago
@CornFedArmen CornFedArmen---example of a frustrated American from an utterly bankrupt country owned by China and in infinitely far worse shape than the EU pointing fingers at an economic block that has surpassed them and outcompetes them any time?
Efteling4Ever 1 year ago 2
@Efteling4Ever I think you are confused,but I would love to help you become self aware..How about it....
TheChristianRight09 2 months ago