Why do the economies of Southern countries in Europe head South also?
Profound theorists know there's a big difference between correlation and causality. Recent cursory examination and highly anecodotal evidence suggests that the further south on the European continent your country is located, the more financial trouble you are likely to encounter.The location (latitudinally speaking), the temperature and the likelihood of financial insolvency are highly correlated. But what about causality? Stay tuned....
