Are you watching Europe implode?

[Mursilis]

A lot can happen in 30 years.

Well obviously, but I'll bet the U.S. federal budget coming into balance isn't one of them.

 

[Schadenfroh]

http://www.reuters.com/article/idUSMDT00905120100524

"The challenges are severe: a dysfunctional labor market, the deflating property bubble, a large fiscal deficit, heavy private sector and external indebtedness, anemic productivity growth, weak competitiveness, and a banking sector with pockets of weakness," the IMF said in an annual report on Spain.

This does not sound good. Rather interesting watching this unfold only a few years after my economics professor in college showed us videos and lectured about how the people of Spain had crafted a workers' paradise.

 

[nick1985]

http://www.liveleak.com/view?i=83a_1276427064

Some unhappy people in Germany...

 

[Jaskalas]

http://www.reuters.com/article/idUSMDT00905120100524

This does not sound good. Rather interesting watching this unfold only a few years after my economics professor in college showed us videos and lectured about how the people of Spain had crafted a workers' paradise.

Fake wealth built on an illusion that will one day collapse just strikes me as a misuse of the word. You could say Bernie Madoff had an investor's paradise.... while it lasted. Now look where he and many of his investors ended up.

Look where we, in "paradise" nations will end up.

 

[Nemesis 1]

Good topic header.

I got a question are you watching USA implode?