Aisthesia Klassik comments

@CraigHicks

Very WELL put!

What to you think about putting the dispute to the United Nations or to a mediation by Australia or New Zealand?

I think you are Austrialian, by the way?

Alfred

Collaboration is good and well but will it make an economy?

In a mass production economy mass income is generated for all who participate in it.

Can the so called collaboration "economy" do this?

That's the question.

Europe is getting irrelevant but beforehand it will demolish the world economy by its stagnation? How weak is that?

Vs. USA and UK: we in Europe have high state debt, that is true but same in USA and UK, but significant LOWER house hold debt.

Vs. China and India: they make their domestic product by remittance work from Europe (and USA). They buy high-grade products from us, we buy low-grade consumer products from them.

Vs. USA, UK, China, India: we Europeans enjoy high social standards; but we are not less competitive.

The only problem we face in Europe is an aging and over-saturated population, the old get to high pensions at the moment. The immigration - hopefully - will help.

The so-called Euro crisis, state debt are minor issues.

The EU-criticism of the article above is sort of a smokescreen, the real bad economic data (for the world economy) will be revealed after the US presidency polls.