
I don't know how it was in Cyprus before the meltdown, but I remember visiting Europe and thinking – “wow! this is beautiful, but how on earth do they pay for all this? Nobody seems to do much work, and the huge military bill is taken care of by Uncle Sam.” No poor people to be seen, but also no working people, no people selling bananas off carts or recycling scrap or buying and selling old clothes. Somehow the economic scene in India seems more real – the poverty isn't hidden by handouts from Uncle Sam, and the wealth too seems real. I guess the European experiment was too good to last. Now it's all up to Germany. Just my thoughts.
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My heart bleeds to see how far we have been pulled down by irresponsible bankers and bad managers. We have not seen the end of this debacle yet and few if any seem to be accountable to their long suffering customers MM
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