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This has created what Bloomberg describes as "an escalating crisis that threatens to unravel the bloc’s passport-free travel area and dissolve Germany’s governing coalition." Europe, often referred to as the old world, has reinvented itself many times. This term is used in the context of, and contrast with, the New World (Americas). While the Old World also includes Africa and Asia, collectively, during most of the last few centuries Western Europe was calling the shots as it developed and colonized the world. The major overhaul of Europe following World War II may have rebuilt industries and helped clean house but as everywhere else in the world, it left an army of bureaucratic clowns and politicians at the top of the power pyramid and it didn't take long for them to muck up the works.
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An article By Kari Paul recently published on MarketWatch claimed that economists say 30 years of data show asylum seekers are not a burden on European countries. They may, in fact, be a benefit says the French government research organization the Centre National de la Recherche Scientifique (CNRS), Clermont-Auvergne University and Paris-Nanterre University. Researchers examined the arrival of asylum seekers in European Union countries between 1985 and 2015. This followed the Yugoslav Wars between 1991 and 1999 where they linked an increase in immigrants who become permanent residents with a series of positive effects such as an increase in GDP, a decrease in the unemployment rate, and increased tax revenues.
Again, it could be argued much of the so-called positive effect was a "sign of the times" rather than a reflection of merely adding bodies to the population and that they had more skills and better educations than many of the recent arrivals. Part of the problem currently faced is that the Euro-zone and the European Central Bank have gone out of their way to sidestep correcting the structural problems that have grown over the years and the current economy is rather weak. The time the area bought since the 2008 economic crisis by low-interest rates and easy money dubbed QE has been squandered. Today with evidence of slowing growth and few good options it is possible the union itself may be in danger of dissolving especially if the euro falls into problems creating a scenario of bank contagion and failure.
Footnote; The chart and other data can be located at the site below,