Will Europe come back from the brink?

[Ora Amaris]

After Europe's crisis, do you think that the Euro and the Eurozone, as well as the member-states and the zone as a whole will come back?
If so, why?

Personally, I think that it definitely will come back, most likely better than before.
The adoption of Danish flexicurity is a wonderful addition, and will most likely contribute to making the Eurozone much more economically powerful and competitive on a global market.

Thoughts?

[Disserbia]

hopefully not.

[Ourfgenstan (Ancient)]

Nope. Europe is going to take a backseat, it's the time of China, Russia, Brazil, maybe Turkey, and a few other nations. But Europe in general won't be a super power, and I doubt it will recover.

[Mesoland]

hopefully not.

Uh, why?

[Geilinor]

It probably will, but most developed economies will be requiring a restructuring soon.

[Good Old Money]

Eventually Europe will be back, but only after their governments make some tough choices, and rebuild the economies, and improve their economies.

[Baltenstein]

Last time I checked, Europe's still around. The economic situation may look gloomy and stagnating, but that's the case for quite a few world regions this days. In the majority of European countries societal stability, competitive innovation and living standards are still in a far better shape than in most of the rest of the world.

[Good Old Money]

Last time I checked, Europe's still around. The economic situation may look gloomy and stagnating, but that's the case for quite a few world regions this days. In the majority of European countries societal stability, competitive innovation and living standards are still in a far better shape than in most of the rest of the world.

This is absolutely correct, almost every person in Somalia or another poor country would die to be in Europe.

[Rio Cana]

Not all of Europe is doing bad. They say Poland is economically doing well. But Poland has there own currency. Spain is doing bad. Unemployment 26%. In order to find work Spanish citizens are leaving Spain. Many are heading to Argentina for work. Even foreign immigrants who left Latin America for work in Spain years ago are returning home because of the economic situation in Spain. Portugal also has high unemployment but not has high has Spain at 12.4%. The Portuguese have been migrating to Brazil and other former Portuguese territories.

[Mesoland]

Not all of Europe is doing bad. They say Poland is economically doing well. But Poland has there own currency. Spain is doing bad. Unemployment 26%. In order to find work Spanish citizens are leaving Spain. Many are heading to Argentina for work. Even foreign immigrants who left Latin America for work in Spain years ago are returning home because of the economic situation in Spain.Portugal also has high unemployment but not has high has Spain at 12.4%. The Portuguese have been migrating to Argentina and other former Portuguese territories.

Sources?

[Baltenstein]

Not all of Europe is doing bad. They say Poland is economically doing well. But Poland has there own currency. Spain is doing bad. Unemployment 26%. In order to find work Spanish citizens are leaving Spain. Many are heading to Argentina for work. Even foreign immigrants who left Latin America for work in Spain years ago are returning home because of the economic situation in Spain.Portugal also has high unemployment but not has high has Spain at 12.4%. The Portuguese have been migrating to Argentina and other former Portuguese territories.

Sources?

Here and here. But then, labor migration has always existed and I'm sure the Latin American countries are great places to live in if you're Middle Class and have a Spanish or Portuguese certificate in your pocket.

[Rio Cana]

Not all of Europe is doing bad. They say Poland is economically doing well. But Poland has there own currency. Spain is doing bad. Unemployment 26%. In order to find work Spanish citizens are leaving Spain. Many are heading to Argentina for work. Even foreign immigrants who left Latin America for work in Spain years ago are returning home because of the economic situation in Spain.Portugal also has high unemployment but not has high has Spain at 12.4%. The Portuguese have been migrating to Argentina and other former Portuguese territories.

Sources?

Read this - http://www.guardian.co.uk/world/2011/de ... ntina-jobs

If you prefer, watch this - http://www.youtube.com/watch?v=M4lD_d9bnVI

Read this on Ecuadorians leaving Spain because of the economic situation. They do say the economy in Ecuador is doing well. Some US citizens retire there due to getting more for your money. They also use the US dollar.
http://latinamericacurrentevents.com/ec ... sis/15464/

[Neu Leonstein]

It'll come back, but it'll take some time, and we don't know how until at least the middle of the year. I reckon Greece will default in March on some level technically sufficient to trigger CDS payments. That means a big hurdle is crossed.

Before then, we'll go through Portugal needing another bailout. Everything there depends on whether or not the letters "PSI" (standing for "private sector involvement", ie partial debt forgiveness by private investors) are used. I hope they won't - that's the surefire way to make the crisis really, really bad.

[Disserbia]

hopefully not.

Uh, why?

Because I don't like the EU, and also, uh, what do you care?

[Great Agram]

Uh, why?

Because I don't like the EU, and also, uh, what do you care?

Are you from the UK?

[Ourfgenstan (Ancient)]

Because I don't like the EU, and also, uh, what do you care?

Are you from the UK?

Look at his name, and guess again.

[Great Agram]

Are you from the UK?

Look at his name, and guess again.

he is from Serbia?

[Ourfgenstan (Ancient)]

Look at his name, and guess again.

he is from Serbia?

I'm guessing.

I myself am from the UK and dislike the EU. Not due to nationalistic reasons mind you (I'm against UKIP and Nigel Farage).

[Great Agram]

he is from Serbia?

I'm guessing.

I myself am from the UK and dislike the EU. Not due to nationalistic reasons mind you (I'm against UKIP and Nigel Farage).

well, not all people from Serbia are against the EU, but I noticed that many people from UK are and with good reasons. They could say that the EU is using them and I am the opinion that is using more Germany than the UK.

[Ourfgenstan (Ancient)]

I'm guessing.

I myself am from the UK and dislike the EU. Not due to nationalistic reasons mind you (I'm against UKIP and Nigel Farage).

well, not all people from Serbia are against the EU, but I noticed that many people from UK are and with good reasons. They could say that the EU is using them and I am the opinion that is using more Germany than the UK.

Most people from the UK who hate the EU are right wing nationalists. And it's not suprising that a Serb would have a distrust of the West.

[Uthopia]

I am really hoping the EU will not colapse so soon...

[Uthopia]

well, not all people from Serbia are against the EU, but I noticed that many people from UK are and with good reasons. They could say that the EU is using them and I am the opinion that is using more Germany than the UK.

Most people from the UK who hate the EU are right wing nationalists. And it's not suprising that a Serb would have a distrust of the West.

Really?

[Ourfgenstan (Ancient)]

Most people from the UK who hate the EU are right wing nationalists. And it's not suprising that a Serb would have a distrust of the West.

Really?

Yes, most of them are Tories (Our Conservative party) or supporters of the United Kingdom Independence party (Hard right nationalistic separatists). Alot of more *traditional* left wing types (like me) are also against the EU, but the vast majority of extreme Eurosceptics are Right wing nationalists.

Though in general UK is Eurosceptic, the majority of people according to polls want a referendum.

[Uthopia]

Really?

Yes, most of them are Tories (Our Conservative party) or supporters of the United Kingdom Independence party (Hard right nationalistic separatists). Alot of more *traditional* left wing types (like me) are also against the EU, but the vast majority of extreme Eurosceptics are Right wing nationalists.

Though in general UK is Eurosceptic, the majority of people according to polls want a referendum.

Well, if they want to then it should be. I know for the the UKIP. Nigel Farage was here in my town, he had a debate about joining the EU. he seems like a good fellow.

[Disserbia]

I'm guessing.

I myself am from the UK and dislike the EU. Not due to nationalistic reasons mind you (I'm against UKIP and Nigel Farage).

well, not all people from Serbia are against the EU, but I noticed that many people from UK are and with good reasons. They could say that the EU is using them and I am the opinion that is using more Germany than the UK.

I essentially agree with this, it is bringing down the strongest economies in Europe which changes the dynamic of the world economy in a way that is not favorable to anyone on the continent and also many more people than that.

Ourf are there any other assumptions you'd like to make about me or my view of the world before I get too drunk to be on here?