Zeev's Turnips Patch-No Politics (ZEEV)

[limtex]

It would be wonderful if the Euro zone would really get to grips with their problems. They have to explain to their people that the good times are over and no more goodies like health care and pensions. Thats all.

Europe has lost it economic gravy. Only basic subsistence now. Looks like no more gravy for them out of Irak and Arabia. So where to get gravy and they need gravy in the economy to provide the extras.

Well economic gravity has a neat way of enforcing itself. It will come to Europe maybe slowly....maybe not but rest asssured it is 100% guarnteed to arrive for them.

In the meantime there are not many Europeans and although people quote the size of this economy there aren't a lot of global companies in Latvia or Poland or Greece ( which is nearer to the middle east than it is to Europe) So whats the big deal.

China on the other hand, the second most populous country in the World will soon have global companies and many of them. The are just getting going and the Europenas are just ending . The Europeans had a nice run for a couple of hundred years and now its China's turn again.

L