Monday, February 20, 2012

Monopoly game: Europe countries are settling their rent (debt)

Those Europe countries who are deep in debt are selling their asset. They are selling their airport, farm land, mountain, aircraft, government's share in public companies, concessionaire, electric company, water company, etc. It's fire sale! Rich countries would love that. Rich companies would love that.

Do you know, this is exactly the real example of monopoly game. When you have no money to pay, you have to mortgage your assets, or sell your asset to other richer player. This is how the wealth being transfered and how the rich will become richer. Europe is a rich continent for centuries. They will not bankrupt this round, but lots of their wealth will be transferred.

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