In the News (from Finmarket.ru): “There is unanimous agreement among US bank chiefs that their biggest threat is the fallout from the eurozone financial crisis because the European governments begin to save together with European consumers.
“This is easily explained: unemployment in Europe hit record after record, as the recession continues to deepen. As a result, EU citizens have to change consumer habits – it can have a lasting impact on the economy and corporate profits. Changes in consumer habits have affected the income of European corporations.
My Comment: We are facing the bankruptcy of corporations, the disappearance of the middle class, the emergence of hundreds of millions of unemployed, food riots, etc. if mutual responsibility and mutual concern and bestowal are not achieved through unity. Integral education should teach us how to create, step-by-step, a single administration, for both the EU and the whole world.