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How about don't. Europe is in huge decline right now. Asset prices are artificially inflated, bond yields are negative and the export surplus can only be maint
by sprash 7y ago
How about don't.
Europe is in huge decline right now. Asset prices are artificially inflated, bond yields are negative and the export surplus can only be maintained because the Central Bank is devaluing the currency by printing money like there is no tomorrow. The house of cards will fall as soon as some major trade partner introduces tariffs.
The demand for credit is especially weak which shows you that nobody really wants to invest, because the future outcome is presumed to be worse than paying negative interest to the ECB.
Bedsides that there are major societal turmoils on the horizon. Crime is rampant, the quality of life for the middle class quickly decreasing and there is a huge demographic decline going on for some time now. Large youth unemployment in the periphery and a real estate bubble with stagnating wages in the center which boils away the middle class only shows you what the future will bring.
In the best case this will be like another Japan. In the worst case there will be civil war.
- tandem_bike 7y agoIt's predictable that you would get downvotes, but your points are generally true. The Monetary Union of Europe is failing just like the socialism of some of its member states. Europe's economies are strangled by taxation and regulation. In a thread on investing in Europe these are important perspective to bring up.
- jimclegg 7y agoWhen a bank robber has no more banks to rob, his standard of living tends to go down. Most economic surpluses in Europe over the last 2 centuries have been thanks to importing stolen goods/criminality, only change is, some of the biggest victims of this type of "economic growth" now have nukes.