EU pessimism vs. US optimism
Most Americans are optimistic for a financial turnaround and expect the US economy to rebound. However, England and the European Union aren't convinced and remain pessimistic about a recovery. Michel Chossudovsky from the Center for Research on Globalization says that most Europe countries are functional welfare states. They have public healthcare, pension funds as opposed to the US that does not and most of the services are privatized.
Most Americans are optimistic for a financial turnaround and expect the US economy to rebound. However, England and the European Union aren't convinced and remain pessimistic about a recovery. Michel Chossudovsky from the Center for Research on Globalization says that most Europe countries are functional welfare states. They have public healthcare, pension funds as opposed to the US that does not and most of the services are privatized.
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