Hi,
in the last 2 years my country (Portugal) is passing in some difficult times. The situation is getting very hard to stand.
Our avarage salary is to low compared with others. Since 1974 (last revolution we had), we left a dictatorship and went into a democracy.
But since then the relation between the income and expenses is negative. We (the state) spend more money then he can earn.
Last month the prime minister nad financial minister anounce that we will have more taxes, a lot more !!
Unemployment is getting higher and everything is getting more expensive. In last months thousands of young people left the country looking for better
oportunities.
i have an average salary and the money i have wevery month is getting lower and lower, but people that receive the minimum salary are making a tremendous efford to keep living.
Not only Portugal is in a bad situation, Irland is bad (not so bad) but Greece is also in a very difficult situation. Spain probably will ask FMI for help.
Some other countries could also have problems in a near future.
We listen every day to conspiracy theory about IMF. They profict with others problems. The decisions our goverment take could be according to IMF ideas.
Many people say there are some "groups" that plan to some kind of world domination that involves money and power. They would influence countries decisions by
putting them in a financial bad situation so that the could be easily dominated... When we hit the ground, "they" can buy everything at realy low prices.
Our south region (Algarve) is already dominated by people from England, Germany, and others. Soon the rest of the country will be in hands of other countries, including China.
On top of that there is corruption, bad politicions, and so many other factors that don't help a bit.
I don't know where this is going to end.... but i think it's not good for anyone, exception for "the others".
If Greece, Portugal, maybe Spain, falls in deap sh... other countries will shake a lot...
if we get out of the "euro zone" it will be bad for us, but also bad for the rest of the group... the stability of Euro will be damage.
what do you think about all this?