Approaching Great European Crisis

The ongoing protests in Europe continue to grow. It even began to spread to countries such as Belgium and the Netherlands. Following the European Banking crisis in 2011, some problems began to emerge in the region. However, the new monetary policy of the European Central Bank and the new fiscal policies created by the pressure of Germany were covered by this crisis. Unfortunately, societies are not aware of the developments. The European economy continues to lose out of a game that only Germany has won. What happened in Paris today is actually the result of all this. Can the protests grow bigger? and could it spread all over Europe? I do not know. However, some important developments point to a serious revolution.

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• As I mentioned in my previous article, the gap between the rich and the poor is increasing.

• The European Central Bank's policies have only been important to protect the wealth of banks and the rich. The peoples now realized it.

• The UK actually saw the upcoming crisis with Brexit and retreated to its own shell.

• Nationalism has begun to increase due to tax incomes and injustice in recent years. This situation increased the unrest in the community.

• An investigation was launched into Deutsche Bank. In the case of a very bad and possible bankruptcy of the Bank, the European banking system will end.

• Countries such as Italy, Spain, Portugal, Ireland and Greece are still very serious debt problems.

• In recent years, the region has received a lot of migration and continues.

As I mentioned, these problems started with the 2011 banking crisis. Therefore, it is not easy to overcome these problems. And societies began to noticed some things. Especially if there is no economic justice in a region, then a new revolution is always a possibility. History is full of examples.