Financial Collapse Europe Will Collapse Why Its Inevitable Part 1

This is the second video in my series on why the US, Europe and China are collapsing. As I said they will collapse differently and to different degrees. There is just too much debt overhang in Europe, too much political intervention and too much being borrowed to spend providing goodies for their populations without creating and, or sustaining the wealth to produce it. Non Performing Loans (NPL s) are a major source of concern with nearly 1 trillion dollars throughout the Eurozone banking sector. This i