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Old 03-03-2009, 08:32 AM  
unimatrix0
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Join Date: Jul 2008
Posts: 51
How do you know those countries don't contribute? Last time I checked, they were giving more to eu than they received. You have no idea what the crisis is all about.
The real problem isn't those countries, but the banks from some western countries who financed really bad investments in this countries, like the real estate bubble. Austrian banks are the most exposed, but the french banks are doing relatively well, because these banks invested more in real economy and not in real estate. These countries will be a lot more attractive to investors now that the real estate costs are getting much lower. But the problem with the western banks is where the crisis is. They must pay for those stupid investments. The eastern countries won't loose anything, because the banks can't take the houses and the lands and move them where the prices are better.
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