Monday, May 16, 2011

Strong Economies Pay the Price for Weaker Ones?

Chris Stirewalt, analyzing world business trends, noted that a pattern is developing among the industrial and post-industrial nations of the world:

Europe’s economy and currency are already a disaster, this will not make the rest of the world better disposed toward underwriting the misadventure of lashing the economies of strong nations like Germany and Britain to those of week sisters, like Greece and Spain.


As fewer nations around the world are able to sustain their own economies, the nations which have thus far done well at maintaining a stable business environment are being punished with the task of bailing out the losers.