Producing little and consuming much never results in prosperity as the PIIGS are proving in Europe. And eventually those that earn their living through honest hard work get tired of giving a free ride to those that think the world owes them something, as Germany is demonstrating in the macro situation in Europe.
The single currency is close to collapse - Telegraph: www.telegraph.co.uk/comment/telegraph-view/8841385....html
http://chumly.com/n/d3ca1a
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