People in Europe do not like it and do not understand it.
The governments have been deficit spending for years and as well guaranteed debts of banks which have been reckless.
The credit card limits are being hit. US will be next.
Then what?
And we think mankind can understand and manage economics? Look at Germany after WWII, there was two very different systems with same people. One was sucessful the other not.
The unseen hand rules.
Gloom, anger spreads as European economies teeter - Yahoo! News
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