Something to ponder upon as we see a continued new normal paradigm within the global financial world – and Europe is setting the pace for new and unconventional methods to deal with the past’s years of living beyond ones means and subsequent build up of large quantities of debt…and unfunded promised ‘entitlements’……
The Mindset
Submitted by Tyler Durden on 03/26/2013
In all of the tortuous moments that have taken place with the European Union the one thing that has become apparent is a radical change of mindset. In the beginning there was a kind of democratic viewpoint. All nations had a voice and while some were louder than others; all were heard. This is no longer the case. There is but one mindset now and it is decidedly German. It is not that this is good or bad or even someplace in between. That is not the real issue. The Germans will do what is necessary to accomplish their goals. There is nothing inherently bad or evil about this but it is taking its toll on many nations in Europe. It is the occupation of Poland in a very real sense just accomplished without tanks or bloodshed as money is used instead of armaments to dominate and control a nation. Politically you may "Hiss" or you may "Applaud" but there are consequences here for investors that must be understood. First and foremost is that they will not stop.
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