Feb 19 2016 at 20:37
The economy of the European Union is a constipated, sclerotic, malfunctioning entity that only registered real economic growth of 0.2% in the recent quarter—assuming you can credit their numbers at all. The continent is a giant monument to socialism, where everyone believes they can live at the expense of everyone else. As a result, the average European sees his government as a magic cornucopia, a source of unlimited wealth. When something goes wrong, Europeans look to their governments to “do something.” With this in mind, European Central Bank President Mario Draghi made the front pages by saying he is “ready to act” with a “whole menu of monetary policy instruments.”
This is central banker speak for “I’m willing to print an incredible amount of money in my attempt to keep my job and stimulate the economy by making people think they’re richer than they really are.”
This is central banker speak for “I’m willing to print an incredible amount of money in my attempt to keep my job and stimulate the economy by making people think they’re richer than they really are.”
I see, you are a news trader! So, I have a question to you; how you select your entry and exit points based on your news analysis?
Dec 25 2017 at 15:54
I couldn't have said it better. Anyone with a good business idea would be a fool to do it in Europe, since there are way better places to start a business...pleaces that actually support entrepreneurs, unlike the socialistic EU with the highest bureaucracy and taxes in the world. Taxes that in most cases support greedy politicians and lazy unemployed immigrants.
mmltd posted:
I couldn't have said it better. Anyone with a good business idea would be a fool to do it in Europe, since there are way better places to start a business...pleaces that actually support entrepreneurs, unlike the socialistic EU with the highest bureaucracy and taxes in the world. Taxes that in most cases support greedy politicians and lazy unemployed
Well said! I complete agree with your opinion.
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