One cannot look at the papers and not realise that there is a political tsunami running across Europe that is pushing for change in leadership – most of the power from this growing tidal wave of reform finds its source in two areas of the political landscape – need for a much delayed economic reform coupled with xenophobic social turmoils.
Europe had started to increasingly look inwards as the ominous shadow of the Euro zone crisis drew dark clouds over once robust economies that had hedged its bets on more fragile ones. What was considered revolutionary economic tactics in building a strong unified Europe was in another form unsubstantiated optimism that lesser economies would take the correct measures for a stronger united Europe over the health of their own struggling economies.
In a way that is exactly what happened and the Euro zone prospered, until the lesser economies had finally to choose its own health over the economic stability of the whole. In what is probably now a recognised vicious cycle the whole euro zone prospered on anticipated prosperity – loans were provided to pay for loans in the false hope that eventually there would be a surplus (because to think otherwise would be unimaginable).
Europe had started to increasingly look inwards as the ominous shadow of the Euro zone crisis drew dark clouds over once robust economies that had hedged its bets on more fragile ones. What was considered revolutionary economic tactics in building a strong unified Europe was in another form unsubstantiated optimism that lesser economies would take the correct measures for a stronger united Europe over the health of their own struggling economies.
In a way that is exactly what happened and the Euro zone prospered, until the lesser economies had finally to choose its own health over the economic stability of the whole. In what is probably now a recognised vicious cycle the whole euro zone prospered on anticipated prosperity – loans were provided to pay for loans in the false hope that eventually there would be a surplus (because to think otherwise would be unimaginable).