Another huge problem facing Europeans (what, they don’t have enough going for them with the Euro, fiscal crisis, high unemployment, etc.?) is the loss of democracy taking place.
I think in the long run that the loss of democracy may have the greatest impact on individuals. And will become a highly contentious issue.
Consider what happened in Greece. (more…)
Europe continues to go through its latest financial crisis.
What has gone on and what will happen in the future?
Well, if we knew for certainty what the outcome will be, we would all be billionaires. Or, at the least, we might be running MF Global instead of Jon Corzine and they would not be in Chapter 11 bankruptcy proceedings today.
But we can go through a summary of what went on and where we are at today in Europe. (more…)
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