Romania’s leaders need vision and backbone to implement the necessary economic reform to keep Romania from becoming a failed state. Romania needs to embark on a program to finally shed all of its former communist vestiges and transition to a true free market economy.
It should be amply clear to any objective observer that a country that only has twenty-five per cent of its people working in the private sector and supporting the rest of the country can not succeed. The weight on the back of the private sector is getting greater and greater and will crush it. The current system is putrid. History has shown us that communist, socialist and other similar government controlled economic systems simply do not work.
The current budget gap is the last and biggest proof of how putrid the current system is. The gap is estimated by some to be as big as 30 billion euros by the end of the year – no one is even sure.
After almost 34 years from the revolution…