Comments on: The Next Great European Financial Crisis Has Begun /2015/06/17/the-next-great-european-financial-crisis-has-begun/ Dedicated to EM Investing Sat, 02 Apr 2016 20:01:52 +0000 hourly 1 http://wordpress.com/ By: Alan R J Miller B Agbus GCB IAM /2015/06/17/the-next-great-european-financial-crisis-has-begun/comment-page-1/#comment-12211 Mon, 22 Jun 2015 00:23:02 +0000 /?p=9439#comment-12211 Just what Uncle Sam wants. A total collapse of the Euro and an end to a united Europe paving the way for more aggressive business forays and agreements between each country. Uncle Sam will not change his lifestyle or standard of living for the rest of the world and this means keeping up and even increasing his level resources imported. All the sovereign countries in Europe have to pull together and end the retirement age at 50! and make retirement at 70. Otherwise, they will all end up like Japan where one person works for the economy and one person works for the retirees! Also, like China, their governments have to bring in strict controls to reduce the black market, (make very trader/business owner have an iPad equivalent to report ALL transactions to the governments to record the GST/VAT etc.) reduce the corruption (e.g; FIFA ) in ALL public and private corporations and services and make the people save money to increase the equity of the country and to allow the governments to use only two thirds of that money for rebuilding the services etc. They must keep one third of the savings in the banks. If this does not happen, only China will have above 2% economic growth and the rest of the world will be lucky to have from -0.0% to 2% economic growth.

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