If Every Rich Person Gave

The Bureaucratic Method Of Building An Integrated Europe Has Exhausted Its Potential.

If The Bubbles Contain A Misconception, As They Always Do, Then It Can't Be Maintained Forever.

At Times Of Recession, Running A Budget Deficit Is Highly Desirable. Once The Economy Begins To Recover, You Have To Balance The Budget. But It Will Also Need Additional Revenues. Should The Government Not Receive Them, We Will All Get Punished With Higher Interest Rates.

The Lower Interest Rates Fueled Housing And Consumption Booms In Countries Such As Spain And Ireland. At The Same Time, Germany, Struggling With The Burdens Of Reunification, Tightened Its Belt And Became More Competitive. All This Led To A Wide Divergence In Economic Performance. Europe Became Divided Into Creditor And Debtor Countries.

It's Not Whether You're Right Or Wrong That's Important, But How Much Money You Make When You're Right And How Much You Lose When You're Wrong