Euro - the unworkable dream

I have been writing for years in The Peter Dag Portfolio about the inconsistencies of the Euro and why the Euro will crash low productivity countries.

This is exactly what is happening!

The reason I have been right is because I was born and lived in Europe for many years. The differences in culture and power structure among European countries makes it impossible for the Euro to survive as is.

It took ten years for Germany to absorb East Germany. How can you fathom it can absorb more than 200 million people so different from East Germany? This is the real problem.

One day the European people will understand and the politicians will recognize the big mistake they made and the huge pains the European people have been enduring, chasing a grotesque and totally wrong dream.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

STRATEGIC INVESTING FOR UNCERTAIN TIMES.
Learn how to manage your portfolio risk and sleep comfortably. Improve the certainty of returns by taking advantage of business cycle trends. Learn to use simple hedging strategies to minimize the volatility of your portfolio and protect it from downside losses.

You will receive your user id to access 4 FREE issues – and all the previous ones - of The Peter Dag Portfolio. Email your request to info@peterdag.com. New subscribers, please.
FOLLOW ME ON TWITTER @GEORGEDAGNINO FOR MY LATEST VIEWS.