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Germany: the melting of the geopolitical iceberg

The major financial crisis of 2008 and 2009, which turned into a massive sovereign debt crisis in the European Union, was merely roughly washed over in the familiar Keynesian pattern, with interest rate manipulation and cheap money, Mario Draghi: 'whatever it takes'. The price that the Germans in particular have to pay for never having returned to real money, to a free market economy, is the disappearance into no man's land in the geopolitical rankings, which is also documented by the relative capitalization of the stock market in Germany. It is possibly the biggest descent story of the current century.

#Germany #stock market #geopolitics #socialism #eu #bitcoin

Nunya Bidness 1y ago

So Germany lost half of its stock market value, as a percentage of world market capitalization since 2008.

Trades like a shitcoin.

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Discussion

TheGrinder 1y ago

How to turn a county from one of the healthiest economic countries in Europe in under 20 years? Give up your currency backed by gold and install NGO muppets as leaders.

hh 1y ago

Any rational investor, even if we ignore a fundamental analysis (which would easily determine that German/EU companies are SHIT because that's what they produce), would be insane to invest in anything European, with our predatory, destructive, anticapitalistic fiscal and economic policies.

If I have money, Europe is the last place I will park it in, even if I have to pay exit taxes and penalties. In the long run it's worth it.

Nunya Bidness 1y ago

I think Germany will be great again but it's going to require a purge. I think it'll be sooner than we think but longer than necessary.