ARE USA AND EUROPEAN UNION CITIZENS STRONG ENOUGH TO FACE ECONOMIC CRISES AS COMPARED TO RUSSIANS-CHINESE-JAPANESE-INDIANS

USA  and European Union countries have seen substantial economic prosperity as compared with other countries in the world over the last many decades.Another strong point in favour of USA and EU citizens is the huge amount of money spent by their respective Governments towards Social security measures in the form of medical insurances-Unemployment compensation-pensions etc etc.These Citizens over a period of time due to economic power have become used to a well protected and a bit lavish style of living.They specially in USA look for a very high pay packages even for small jobs involving low skills thereby paving a way for entry by workers from China-India and other Asian countries under different types of employment Visas.(Which now Mr.Donald Trump wants to bring back to Americans only). I have been to USA and many European countries and seen the way people live there and It looked like wonderland to me.

Now I discuss a situation where there happens an economic slow down or crises in USA or EU and Citizens of these countries whom I now consider pampered and Chocolate boys had to face it.Are they well equipped to face such a financial crises wherein Unemployment compensation becomes ZERO-No State medical insurance-No pensions at the cost of tax paying citizens? My answer is clear no.

Now when I look into countries like Russia -China-India and other Asian countries and the way these citizens live there with a preventive and financially cautious approach in life I feel that they are well groomed due to initial hardships experienced by them to face any adverse situations in the time to come.Japanese although are very prosperous and much more financially sound  than an average American but still due to their basic cultural values being intact and having survived the crises after WWII are capable of surviving any economic crises.