Tuesday, July 24, 2012

What is going on in Europe?

I am not an expert, and maybe this is a good thing, but I am able to make a small prediction for the things to come.
Lately, many small businesses are closing in economically strong countries .. Why is that?
I believe that is has to do with fear. People see what is going on in South Europe and they prefer to save their money (or invest them or spend them wisely) than to spend and consume. Economical problems tend to spread and they might move from South to North sooner than we think.. 
Everything is a chain..
Unemployment is growing in all countries, with different rate, that causes uncertainty for the financial status of the consumers which is causing fear and that fear decreases their buying force.

Cash is made to flow!