Thread: EU is fucked.
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Old 01-04-2012, 05:06 PM  
grumpy
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Join Date: Jan 2002
Location: Holland
Posts: 9,870
Quote:
Originally Posted by Connor View Post
No, it isn't. I know it SEEMS that way to us average people, but there's a lot more in play with governments than is in play with household economics. For example, the ever-expanding tax base. If you're open to other ideas, here's something that's worth reading:

http://www.nytimes.com/2012/01/02/op...tands&st=cs e
Im not one of the "us average people". Believe me, its basic economics, things go wrong when you spend more then you are earning. Second mistake is paying debts by loans.
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