Difference between revisions of "The Blame Game"
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=The scenario= | =The scenario= | ||
The current financial crisis leads to a depression in Europe. The billions of Euro pumped into the financial market by the richer nations in the EU, helps the economy to | The current financial crisis leads to a depression in Europe. The billions of Euro pumped into the financial market by the richer nations in the EU, helps the economy to stabilize and it shows signs of recovery. But, the recovery is long drawn and the rich nations are not able to sustain the financial flow and start withdrawing the money released, to divert it to other economic requirements. The EU is also unable to sustain subsidising the lesser developed member states. This causes wide spent resentment among member nations. With rising unemployment levels and falling standards of living, member nations turn their focus inward and adopt more socialistic practices. People start re-looking at their identity. Till now they believed in a unified EU, but as the EU is not able to keep the ship afloat, richer members consider the option of being the first to part ways so that they are able to serve their people better. EU starts desintegrating. | ||
=Background Information= | =Background Information= | ||
Revision as of 19:50, 2 October 2009
The scenario
The current financial crisis leads to a depression in Europe. The billions of Euro pumped into the financial market by the richer nations in the EU, helps the economy to stabilize and it shows signs of recovery. But, the recovery is long drawn and the rich nations are not able to sustain the financial flow and start withdrawing the money released, to divert it to other economic requirements. The EU is also unable to sustain subsidising the lesser developed member states. This causes wide spent resentment among member nations. With rising unemployment levels and falling standards of living, member nations turn their focus inward and adopt more socialistic practices. People start re-looking at their identity. Till now they believed in a unified EU, but as the EU is not able to keep the ship afloat, richer members consider the option of being the first to part ways so that they are able to serve their people better. EU starts desintegrating.