So after elaborate thinking I've come to the following conclusion: being in a gloomy and cold place most of the times, the northerners tend to seek refuge in work, as there is little to do besides that. Where do you want to go sunbathing when there is no sun and you are still wearing a scarf in May? On the contrary, the southerners are more keen in indulging in such luscious activities, which usually include eating elaborate food, and womanizing. As a result their economies go off the tangent more often, and eventually they suffer bankruptcy. Cause everyone is looking at the scanty clothes and the bond spread index is not as exciting. Any other insightful thoughts from you my readers?