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re: How is this market sustainable (long term outlook)?

Posted on 11/7/19 at 5:33 pm to
Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 11/7/19 at 5:33 pm to
I don’t disagree. I feel like the socialist governments that are implemented in Europe are really being overlooked at how it’s hurt their economy as well.
Posted by Decisions
Member since Mar 2015
1488 posts
Posted on 11/7/19 at 5:59 pm to
Britain and Greece were only the beginning, IMO.

The lack of currency control (i.e. debasing) is only going to hurt worse for Greece and the other debtors moving forward. They’re not going to continue to take austerity measures in perpetuity and will likely leave prior to being forced out.

On the flip side Germany/France/etc are only going to grow more tired and less able to foot the bill of the debtors as their native populations age into net takers, not earners (this is true across ALL of Europe and most of the first world. Age demographics will be awful very shortly)
This post was edited on 11/7/19 at 6:04 pm
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