Submitted by Novalena
We live in a global community and sometimes it is very easy to ONLY live in the box of what is going on in your own backyard. With FreeStyle we hope to illuminate for you the happenings of the World that inspire you to take action and do your own research to create your own meanings for how you want to shape your life.
There is a concept in the world financial market called "P.I.G.S." The acronym stands for Portugal, Italy, Greece and Spain. These countries are in financial trouble. Greece has already declared bankruptcy and Spain is following in suit. When learning about how a country can go bankrupt FreeStyle insiders asked a reliable source in the banking industry and he explained it's very similar to how an individual files for bankruptcy.
The country borrows more then they can pay back to the world financial banking institutions and eventually will have to break up sectors of their business holdings to keep living. Imagine the power behind being free and being able to purchase land or businesses in one of these countries in financial need. Do your research and get in the know!
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