2012 Presidential Election

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Thursday, May 20, 2010

On Europe and the Euro

Greece and Germany have nothing in common.


Except for a relatively close geographic proximity, that is.


One country's people are efficient, innovative, work extremely hard, and are historically economically successful.  


In the other country, it's usually siesta time by 2pm.  The people, reared on decades of social welfare that disincentivizes risk taking and working and paying taxes, are fat and lazy.  The country produces virtually nothing of use except for olive oil.  


Yet for the past 20 years these two vastly different peoples have shared the exact same currency, the Euro.  


Understandably, this is all unraveling in real time.  The bill is due.  


Since the dawn of civilization, man has worked with his hands and brain to provide for his family.  Over the past five thousand years or so, part of his earnings goes to the government in the form of taxes to pay for protection, police, roads, schools and other safeties.  


Today you have vast swaths of countries in 'Europe' where the men have seemed to forget this and just live off the fat of Germany and their hard work and tax revenue.  Millions of men in Greece, Portugal, Spain, Italy, England, France and other countries sit on their lazy asses and collect welfare revenue.


Again, the bill is coming due, and the Euro might be gonzo....

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