Access Investments-European Union- ROMANIA

 All western countries and banks have not recovered from the 2008 credit crunch. Western banks are loaded to the gills with debt and non performing loans, they have fudged write downs to make their "stress tests" look better. Most western governments are loaded with debt and are using a majority of their tax take to make interest payments and of course they are very low at 1.5%, Maggie Thatcher was paying 15%. What most folks don't realize is the proverbial can has reached the end of that road. If the UK debt interest rate went up 2 or 3% its game over, we will become the next Greek Tragedy. There is about 15 trillion US$ out in the emerging markets waiting to go off when the flight to quality starts. Then you will see markets like Canada, Australia & New Zealand's property bubble explode. Even the Saudi's are burning through their saving while wiping out the shale plays in the USA all funded with junk bonds. Now I wonder where this can start to go wrong? Europe is going to learn that "socialism" does not work and never has. You can not keep borrowing money to support a life style you have not earned. The laws of math's are universal. UK citizens, hide your money, your banks are not safe and neither is your pension funds. Hungary, Poland, Spain and Greece have already helped themselves to their citizens pensions. Rome collapsed because of unfunded pensions for their standing army and they taxed their citizens until they simply got up and left. It would seem European politicians don't read their own history. I think they get blinded by their lust for power and back handers.