These last few months and years have been a disaster for the economic Europe as countries like Spain and Portugal are on the brink of bankruptcy and Greece has fallen so hard many think it's futile to exhaust the European Union funds on a country that is going not going the improve it's economy but fall in debt once again. Unfortunately my knowledge of economics is the same as the probability of China turning into a democracy so I decided rather to look at the historical variable that could have generated today's problems.
At first I was looking at the things in common the Southern Europe has in common and by accident my friend was reading a book about the Roman Empire and all it's history and he prompted that in fact the Roman Empire may have a massive say about how some countries are the way they are.
As many of you know during it's height the Roman Empire was in charge of every land around the Mediterranean Sea, in Europe and in Africa. However the Romans never reached the Baltic Sea and the North Sea where there are countries like Germany, Netherlands and Scandinavia. (Although you could argue that UK was just under their command for substantial amount of years than the Mediterranean countries). And if you now look at those countries you will see that they are now the power house behind Europe, they are the ones producing the most and they are the ones without so much as a flaw in their economies (UK excluded). Now the the countries that were under the masters of logistics and tactics that were the Romans are now on the cliff edge staring into the black abyss that is the economic failure because just look at Spain and their philosophy and their socially accepted system of life. For them it's coffee in the morning till 10 then bit of work then that infamous siesta and then a little bit of work again. For the southern countries that's the routine for most of them and that just smells of laziness and inability to care, it's like they are always high and don't really care about anything. I think this has lead them to this Economic failure and humiliation. Although some of you might argue that I am just going off the stereotypes that were just dreamt up by Northern Europe but that is just not the case as ask any Frenchman, Spaniard or Italian about the amount of work and expectations in work that are in countries like UK and they will answer that it's all too full of stress and other excuses.
This may not be the reason the very highly paid economists say but I think it has at least played a minor effect on today's economic failure in Europe.