The Man-i-fest, is an informed man

First)  Economically and financially,  The starting point of the two countries was extremely different: Ireland had a Sustainable and Working economy, during the past 10 years and Portugal hadn't.: More specifically: concerning the history of the past budget surplus/deficit's, debt, trade, interest rates, budget revenue in % of the GDP and % of Expenses in the GDP.   The following information can be built using data available @ the World Bank Website. Presenting Data: (to better view the graphic's info, please click on the image to enlarge it) Ireland is presented with the blue line , and Portugal with the red line. Budget surplus/deficit Budget surplus/deficit % of the GDP Government Debt Expense % of the GDP Interest Payment % of the GDP Revenue % of the GDP Central Government Debt External Balance % of the GDP GDP per capita, PPP Current account % of the GDP Resume: Throughout the last 15 years, Irela...

Why are we getting here, crises after crises. Is this a systemic reaction of the economy or is something more profound!? Could this mindset be embedded in our thinking through our "Written DNA" !?  1st Trade; 2nd Country; 3rd Growth; 4th Money; 5th Budget, 6th Markets; 7th Debt; 8th Savings; 9th Deficit The Graph Link The Reversed Sustainability Effect ... The reading of the results and the conclusion: Growth and Trade, they surpasses by far, Debt, Savings and Deficits. ► This is the current mainstream mindset▼ It doesn't matter how a country grows or how it will trade, as long as it does it with higher numbers, than it did in the previous period of comparison. That's why if a countries is accumulating debt and deficits in trade and in their budget, year after year, with a lower savings rate, and this is happening systematically. Accordingly to the mainstream governance opinion, it doesn't matter, as long as it continues to grow...

GDP-FOR-EU ( Growth Driven Projects for the EU ) Want to promote growth, without stopping the necessary Fiscal and Budget consolidation? Restructuring the European economy, takes time and effort, work and sacrifices. Financial Markets work on anticipation, without effort. The difference between these two time-lines, don't favor a good job. "Uma Europa de Nações", Europe of Nations or "L'Europe des patries" (by General de Gaulle, in 1962)? yes!!! Everyone should really play their part...and they are not doing it...  The European Parliament (the center of EU democracy) should be able to also act and serve as the Board of Control/Verification for all national Budgets,  including  the EU Budget  A fully independent EU Board of Budgeting and control, can be achieved through the European Parliament. Would they dare to make it happen?  The European Commission should be the center of the EU policy, moving the Union forward, o...