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EU - the Forgotten Market

Joined
28 May 2020
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I thought it about time we had a thread devoted to The EU, despite its myriad of problems, is still a major player in world economics.
 
One of the big boys from the EU, is struggling with inflationary pressures on its cits.
Cost of living pressures are rumbling along just under the surface, but if it erupts into something larger, all hell will break loose.
We have seen what happened with farmer revolts, the yellow shirt protests etc, things can get very ugly very quickly.

From Zero Hedge
Mick
 
and here's an interesting development with the 3 Seas Initiative ... now we have Brics, and Quads, and Aukus, and G20 and Arab League, Belt and Road, etc
.
 
I thought it about time we had a thread devoted to The EU, despite its myriad of problems, is still a major player in world economics.
is currently struggling with the truth

also it has too many levels of bureaucracy

i biased some investment towards the UK after Brexit while i made a mid-term profit that was clearly a wrong move , but i am forgetting about the EU it is in a self-mutilating trend
 
Now on the other side of the coin, Vehicle sales have increased for the 12th consecutive month.
from Reuters

The biggest news was the extreme drop in diesel ICE sales, from 50% of sales in 205 to just 14% of sales in 2023.
Despite the big increase in EV sales of 60%, because yhey are coming off such a low base, the EV sales are still less than the diesel sales.

Mick
 
Inflation in the EU can be looked at in many ways.
It has been declining, but could also be seen to have flatlined at a higher level than EU bankers would be comfortable with.

From Reuters

 
and here's an interesting development with the 3 Seas Initiative ... now we have Brics, and Quads, and Aukus, and G20 and Arab League, Belt and Road, etc
.
The saint alliance fighting the green plague as the EU gets invaded...
Think about it.....
 
Freight rates from China to the EU have been going in one direction only.
This has got to have a negative impact on trade, and also on Inflation.
Mick
 
and i am wisely avoiding the self-congratulatory clown-cluster ( EU )

if it doesn't fail , i don't want to be invested there either ( you will be taxed to 'infinity and beyond ' )
 
The left of centre ruling coalition in Germany have been stunned by massive defeats in tow states.
And it has come from swinging voters to both far left (CFD) and far right parties (AFD).
It will be the first time since WW2 that a far right party has ruled a German state.
And we know how well that ended.
Some interesting times ahead for Germany.
Mick
 
given the current state of Germany only two results were likely

the current one or mandatory lobotomies for the residents

... BUT he can always try the Macron strategy .. ignore the results and just carry on regardless

remember that 'far-right party' was a Nationalist Socialist party , that helped a LOT of Germans before taking the military expansionist path

( how dare they usurp NATO/EU this time )
 
That is the EZ narrative, all parties fighting the invasion are far right nazis...so dangerous yet people being stabbed , killed and raped day after day in the EU are not victims of the nationalists
The danger is not there
 
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To no one's surprise, the CB cut interest rates by 25 bps.
They also cut their forecasts for GDP.
Mick




EDITED to add:

So they inflation expectations icreasing into 2024 and 2025 , but GDP growth slowing to less than inflation.

Mick