US vs. Europe

Reading today newspaper, I see that they try to share the blame of this crisis with Europe (see).

Well, the fact that Europe is set to pay for the mess is not a good motive to say they are responsible too, or in the same way.

If I were to think about the root, cultural reasons, well…. it is obvious to see which is the most exposed and leveraged system, and where the lifestyle is more dependent on credit (to the excess). 
And.. Europe would not be able to think this big, to have the same impact.

Oh, by the way, thia system is also instrumental to support paying for the national debt, which includes the burden of an incredibly expensive war.


About cmalaguzzi

I am a Mktg and Biz Dev Exec, with a passion for technology. Love to spend time on IT strategy, innovation, partner ecosystems, business productivity.
This entry was posted in Economics/economia and tagged . Bookmark the permalink.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s