Hey folk
Debts all over the developed countries in the West. Debts are still debts, till they are repay they are still underlying problem.
The way US and Europe are going thru are just pushing it back further. US have push their debt issue for about 60 years and they are still the world number 1. Europe on other hand do not enjoy the luxury of the US that they can borrow as they want.
So the underlying problem still exist and they are just pushing it further into future to solve or prolong the issue. One day, it will explode and cause lots and lots of trouble.
Well maybe we can live long enough to see how the situation unfold or maybe our sons or grandsons are the one that suffer from the so call man made ideal economy.
