Friday, November 9, 2012
Europe is currently learning the weakness's of Socialism whether its Democratic or anything else, that. When you rely on Big Government to do so much for its people for them and you run into an economic downturn, whether its continental or global. And you aren't producing the economic growth and tax revenue to fiance your Welfare State, you start to run out of money. Especially the people you tax so heavily and run into a situation where you either have to reform or cut or both. Germany seams to be the only Euro State thats figured this out and has already adapted.