ACFX Kelantan

Khamis, 26 Mac 2015

World News 2

Up until November 1989 a concrete wall acted as a barrier between the West and East Berlin.
This wall that split the great central European city of Berlin defined the ideological separation between the market economies of West and the State controlled economies of the East.
West and East Germany are now united and Berlin has regained its place as the capital of a modern and prosperous country that has become the economic powerhouse of Europe.
A new wall however now divides Europe. This is a wall the divides the productive countries of Northern Europe and the countries of the south.
Southern Europe and to an extent France have suffered from years of political mismanagement. The peoples of these countries have become accustomed to a nanny state that takes away the creativity from the greatest asset a country has. Its very own people.
What has become known as the non core states of the Eurozone and especially Greece can be described as having:
A bloated public sectors are over staffed by an unproductive and overpaid work force.
The State owned industries are a drag rather than a contributor to the national treasury.
Working practices that restrict the creativity of their populations.
Deep structural issues that are in need of reforming.
The inability and an unwillingness for these countries tax collection services to carry out their function.
A culture of corruption that holds back economic growth.
A huge black market economy that does not contribute to the national treasury.
Germany does not have all the answers. However if the Greek government wanted to take a blueprint of how implement advanced and effective economic and political models then all they need to do is to take a look what is happening in Berlin, Munich, Frankfurt and along the Rhine.
That the German Chancellor Angela Merkel invited the Greek Premier Alexis Tsipras to Berlin was also very fitting. There is talk that there is a need for bridge building between German and Greece. What is really needed is a bulldozer that breaks down wall that divides these two countries. Just like the bulldozers that once divided East and West Berlin.
Monday’s meeting was the final chance for Germany and Greece to find common ground. Lets just hope the spirit of November 1989 is found which through compromise and a lot of sacrifice reunites Europe’s two halves.

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