what do you think are major reasons for failing European countries ??
Basic information say expense is higher than income but when we go to next level, does it mean the lifestyle they follow is not healthy for government as they have so much of government benefits but not in terms with contributing to economy back.
Major innovations + production were taking place in Europe till early 20th century but then it shifted to US and now in Asia. Most of the current generation live on benefits of the their earlier generation without much of hard work.
Like their earlier generation now they again need to work hard to get those comforts.