Europe's New Pecking Order

As mentioned during the G20 summit earlier this year the European economic powers have shifted. The recent economic crisis has only helped to establish a case against capitalism and further reinforce the stance of state dominated markets. France is at the top of Europe's food chain at the moment because of "years of investment in better roads, more high-speed trains, nuclear energy and even the restoration of old cathedrals." France is followed by Germany and then Britain. This author thinks that the "strengths" that have kept France from being hit as badly as America and much of Europe will become the reason it falters once everyone else starts to come out of this slump because there "is a price" to more job security and state funded benefits.
by: Jill Prendeville