EU is fucked.
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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.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...rstands&st=cseDon't let greediness blur your vision | You gotta let some shit slide
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Our economic model needs for countries to be in debt to one another.
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from my point of view everything is great at the moment - the more euro and dollar go down, the more czech koruna i am earning
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