I have been worried for a while about the state of the Economy in the EU, and unfortunately it looks like through years of complete incompetence our leaders in Brussels with the help of Governments and the Banks the whole financial system could really go belly up and fairly soon. Personally I thought that this would happen in the winter of 2011/2012 but things seem to be moving along rather rapidly lately. It is something that we should all be very concerened about if this meltdown does happen its going to affect all of us, I couldnt care a less if the banks lose money and go bust or if some billionaire investors lose a few hundred million Euros each but when it filters down to normal people that find it difficult to enough to get by already it really could hurt. I can't see any way that there isn't going to be a follow up to the Lehman brothers crisis, but to me it looks like that will be made to look like a strom in a tea cup compared to what might be coming.
I know its a bit of a gloomy post but its seriously worrying not just the big bankers but also the man on the street.