- Joined
- Oct 30, 2005
- Messages
- 5,171
"has been" as far as a World Power goes. It takes all of the EU together to become a power. Singly, each of the one time World Powers in Europe are no longer and haven't been for a bit (though there has been some isolated cases).
Actually, there is an immigration (and immigrant worker) problem in Europe. We here in the U.S. just never here about it much. You have to go out of your way and read some of the more Eurocentric magazines (Economist and such) to see it.
Catering production to luxury and/or high end items (not a reality, just a U.S. perception) is not a sustainable economic policy. It reduces the market to which the goods can sell. The "masses" buy low end to mid-range products as they fill the need sufficiently in every part of the world.
Protectionist policies can be effective to a point, but I don't want to explain why food, clothing, and other consumables are going to go up in price (effectively reducing buying power) to everybody. Not that reducing consumption would be bad, mind.
Actually, there is an immigration (and immigrant worker) problem in Europe. We here in the U.S. just never here about it much. You have to go out of your way and read some of the more Eurocentric magazines (Economist and such) to see it.
Catering production to luxury and/or high end items (not a reality, just a U.S. perception) is not a sustainable economic policy. It reduces the market to which the goods can sell. The "masses" buy low end to mid-range products as they fill the need sufficiently in every part of the world.
Protectionist policies can be effective to a point, but I don't want to explain why food, clothing, and other consumables are going to go up in price (effectively reducing buying power) to everybody. Not that reducing consumption would be bad, mind.