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We all know that in a short period of time we have a number of events that need to unfold in Europe.
One of the most major events in Europe is for sure the 'French Elections' for a new president.
There have been numerous scandals and it's a tough call to predict...
But rest assured, that consequently to what has happened to Europe, a number of people may
cast a strong vote for a change.. This was the case in USA (to a lot of people as a surprise, not
to me, the time was right for it).
In Europe you have :
- significant unbalance between Germany and weaker parts of the EU region
- Greece being bankrupt, even if politicians will find this harsh to say, but for sure the
Greek people can never pay back the debt the country is carying
- The momentum is good/excellent for populist politicians, to articulate a story, blame all the rest
of Europe and the world for the pain we are in
The 1 million US$ question is, if the EU region can survive if there is really a heat, beyond the
financial crisis of 2008/2009. The people have enough of it, they paid and paid.. not sure there
is much more to tax, ..
Look at the french yield curve, and compare it to the german yield curve
can you keep those two together
and on what basis
who pays what ?
wer zahlt?
merkel will say : "wir shaffen das", but people have enough of paying..