Welcome to Ireland: Thousands of new homes remain unoccupied in the so-called "ghost estates" after Ireland's property bubble burst and threatens to pull the rest of Europe down.
Experts predict Spain and Italy may be next.
Read more & discuss.
http://www.dailymail.co.uk/news/art...T-Britain-pays-billions-country-implodes.html
Dramtatic events are taking place, 2010 has been a very tirbulent year as the global recession continues and European countries are still sinking one after the other.
Some go even further and say the European Union may get ripped apart if this continues.
Meanwhile China is experiencing insane economic growth but when the property bubble there bursts it will be disaster.
Massive construction is taking place in China, property prices have tripled in the last two years or so.
I think Europe is in deep trouble.
Do you think it can get worse or things will start to improve in 2011?