Europe’s Debt Problem: II

Europe’s Debt Problem: II

This blog is about Europe’s current prevailing debt problems (Previous Blog on the same :  Europe’s Debt Problem: I ).

England started off the Industrial Revolution in the 15th century. France and Germany followed suit in the subsequent centuries. The Big Machine, Nuclear Machine Revolutions brought huge wealth and prosperity in Europe. This also ensured the flow of culture, languages to the rest of the World.

However in the 19th century, America took over and became the Number 1 superpower of the World along with U.S.S.R. This put Europe into the backseat and into stagnation for 19-20th century. However English as a culture flourished through out the World (India, China, Africa) with America taking the lead.

Europe however maintained its royal status with multiple cultures, languages impervious to immigrants leading to further stagnation. Europe would have to get its fundamentals right if it has to progress:

1. English as the common language
2. Open to Outsiders as America for Immigration
3. Get down from the pedestal and integrate with the common man of the World (Will help them sell goods into the whole World)

I am sure this will solve Europe’s debt problem as well as the World’s.

Caution: This might be all theory

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13 Responses to “Europe’s Debt Problem: II”

  1. U.S. Treasuries No Sanctuary from Europe’s Debt Problems « Credit Debt Settlement Says:

    […] However in the 19th century, America took over and became the Number 1 superpower of the World along with U.S.S.R. This put Europe into the backseat and into stagnation for 19-20th century. However English as a culture flourished through out the World (India, China, Africa) with America taking the lead.Source: wordpress.com […]

  2. Deepak Says:

    Hey

    Autumn leaves falling
    The growing troubles in the euro zone mean Britain is set for another recession
    http://www.economist.com/node/21540268

    Deepak

  3. Deepak Says:

    Hey

    Is this really the end?
    Unless Germany and the ECB move quickly, the single currency’s collapse is looming
    http://www.economist.com/node/21540255

    Deepak

  4. Deepak Says:

    Hey

    Europe is trying to unite again without fundamentals…Innovation would be curbed and more monitoring…Here we go again Karl Marx..

    http://www.bbc.co.uk/news/business-16030374

    🙂
    Deepak

  5. Deepak Says:

    Hey

    Net explains the “Haves” and “Haves Not” in Europe..
    http://www.bbc.co.uk/news/technology-16195493

    Deepak

  6. Deepak Says:

    Hey

    Europe is just like India: The states fighting with each other for the domination of the country with no interest in the common man or talent…Only God (mebbe America) can save Europe!

    The European Union in disarray
    A comedy of euros
    http://www.economist.com/node/21541840

    🙂
    Deepak

  7. Deepak Says:

    Hey

    Europe’s four big dilemmas
    http://www.bbc.co.uk/news/business-14934728

    Home cooked food or Outside?

    🙂
    Deepak

  8. Deepak Says:

    Hey

    Europe & the World on a TightRope…

    Outsider Switzerland feels Europe’s pain
    http://www.bbc.co.uk/news/business-16354048

    Eurozone manufacturing decline persists, PMI survey says
    http://www.bbc.co.uk/news/business-16381891

    🙂
    Deepak

  9. Deepak Says:

    Hey

    Euro drops to 16-month low over bank concerns
    http://www.bbc.co.uk/news/business-16424802

    Bad loans…

    🙂
    Deepak

  10. Deepak Says:

    Hey

    France confirms loss of top AAA credit rating
    http://www.bbc.co.uk/news/business-16552623

    Personal Opinion: No short-cuts in life, France must rejuvenate its philosophy, art and science

    🙂
    Deepak

  11. Deepak Says:

    Hey

    Only ‘quality’ migrants welcome: Britain (England raises the bar to its land for Asians and non EU members…)
    http://timesofindia.indiatimes.com/world/uk/Only-quality-migrants-welcome-Britain/articleshow/11728086.cms

    🙂
    Deepak

  12. Deepak Says:

    Hey

    Germany’s Citizen gets emotional about food…
    http://www.bbc.co.uk/news/world-europe-16852830

    🙂
    Deepak

  13. Deepak Says:

    Hey

    http://www.ft.com/intl/cms/s/0/b059dfd8-56f9-11e1-be5e-00144feabdc0.html#axzz1mGZYHXRi
    (Germany goes on the backfoot looking to reorganize for the year ahead…)
    http://www.ft.com/intl/cms/s/0/b059dfd8-56f9-11e1-be5e-00144feabdc0.html#axzz1mGZYHXRi

    German Economic Expectations Turn Positive (But it pumps out some emotion)
    http://online.wsj.com/article/SB10001424052970204795304577222583541913836.html?mod=WSJINDIA_hpp_LEFTTopWhatNews

    🙂
    Deepak

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