German industry is in excellent situation, full of orders and money, and it sells for 1.1 of its capital and 9 times dividends. German industrial stocks were never cheaper. The Euro has survived the critical year of 2011 and now, strict German "schoolmasters" are embedded in all EU countries ministries of finance, taking firm control of their public finances. It is a buy situation. Model 2012.
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The Euro has survived the critical year of 2011 and now, strict German "schoolmasters" are embedded in all EU countries ministries of finance, taking firm control of their public finances. It is a buy situation.
Buy until the schoolchildren default on their loans.
Many people think it's a "bye bye" situation.
But I suspect you may be right, they will cobble it together somehow, at least for the time being; but it's not an economic union in intent, it's main goal is political. And increasingly, it will be seen as an agent of political repression; which is what it is.
Anon.
Already it is seen as a new imperial enterprise: just ask Cnel. Ghadafy. Or the Serbs. Or the Greeks.
There is a school of thought that maintains that Germany really won the war.
Anon.
Many Europeans feel that they do behave like that. But no, everybody lost that war.
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