bbzz24

Is the Eurozone Heading Off a Cliff?

Claus thanks for the follow up.
I am getting the same feeling about the U.S. economy. Taxes are about 10-15% lower than in Europe but there are no social benefits and against the very little already promised the government has borrowed and spent already big time.
Add to this the huge urban sprawls and lack of any desire among kids to study sciences, the huge external debts....
It looks there will be quite a bit of rebalancing in the world.