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Follow on Google News | Signs of imminent financial collapse in Europe UnionSahit Muja: The mistake in EU was to borrow way more money than they can ever repay and for others to lend it to them.
Germany rejected permanent euro-area rescue funds and expressed pessimism over the outcome of a European Union summit this week. After a thousand years or almost continuous wars, battles, genocides, invasions, occupations etc... Will the Europe become a single empire with the countries finally giving up their sovereignty because some of the countries have borrowed more money that they can repay and the other countries are frightened that it will collapse all their economies if they don't form into one "United Europe"?? No way!. It is impossible for Europe Union to become like USA. To have a "United Europe Union" like USA each country should have representatives and elect a one leader. This is impossible! The mistake in EU was to borrow way more money than they can ever repay and for others to lend it to them. The mistake is not that somehow European countries haven't been closely tied together enough. At the end of the day, when an individual or company borrows more than they can repay...they go bust, people don't get paid, their assets get divided and sold and everyone learns a lesson. Same should happen with European countries. Merkel and Sarkozy must have a secret plan because Italy, Spain, Greece aren't going to pay back all that money...its that simple As every gardener knows, growth is cyclical – it happens when the conditions are right. Bananas never will grow in the Arctic and neither will the European economy grow until the ten feet thick toxic layer of debt-sludge so freely sprayed by the socialist cretins has been removed and dealt with. Sahit Muja President and CEO Albanian Minerals New York # # # Albanian Minerals is Metal Mining and trading Company one of fastest growing mineral company in Europe End
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