Do you know anything about the debt crisis in the European Union??
Speaking for myself, the answer is yes, and this crisis isn’t that surprising if you have a country like Greece in the Union. 70% of the Greek is an official. Officials get payed by the government. The government pays them with tax money, but officials don’t have to pay it. Therefore, the other 30% of the Greek population has to provide money for the 70% and I don’t have to tell you that this isn’t going to work very properly. It’d be better for Greece if they would leave the European Union, dropped the Euro and went bankrupt. They’ll lose all their debts and can rebuild their economy once again. Same like Iceland did a few years ago and look at it now; it’s again one of the leading economies in the world. Furthermore I’d like to note that the term ‘debt crisis in the European Union’ is kinda wrong chosen. The debt crisis is actually only in the Southern-European countries, such as Greece, Spain, Italy, France, Portugal and Cyprus. The other European economical powers like Germany and the United Kingdom, but also the Netherlands, Finland, Denmark and Sweden, are still one of the best in the world. What’s even more, the Netherlands, Finland and Sweden are in the top five of the best economies in the world (this list gets completed by Singapore and Switzerland). The media makes it always looks more worse and important then that the reality shows us.
How well informed are you ?
Thank you for the support that you bring directly to this.