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I agree its not as widespread in Europe, but you do find Royalty lurking in some EU countries and they do cause an increasing drag on their economies whether th
by Terry_Roll 4y ago
I agree its not as widespread in Europe, but you do find Royalty lurking in some EU countries and they do cause an increasing drag on their economies whether they want to admit it or not. Its the same in other parts of the world, Royalty is becoming increasingly toxic.
> The legislation around bankruptcy, however, is definitely very repressive on the continent too.
Europe has the largest slice of banking and financial interests but thats being slowly chipped away by the US. Look at some of the old banks which have gone bust or been swallowed up for liquidity reasons since the financial crisis in 2008. You have the US and UK printing money to dilute China's hard work, the Weimar republic has a lot of parallels.