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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


Is Germany Putting Pressure on Draghi? Absolutely!

Lobo
Lobo
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Join date : 2013-01-12

 Is Germany Putting Pressure on Draghi? Absolutely! Empty Is Germany Putting Pressure on Draghi? Absolutely!

Post by Lobo Wed 17 May 2017, 11:57 am

 Is Germany Putting Pressure on Draghi? Absolutely! Draghi-Schauble
QUESTION: Hi Martin,
It cannot be said enough: thank you for everything that you do.
While I would love the opportunity to sit down with you as I have a million questions concerning your excellent posts of today, let me focus in on The Coming Central Bank Crisis.
As the Fed begins to unwind its balance sheet this year, will that spur the Germans to demand Draghi stop with his program and unwind the ECB balance sheet in 2018, since the Fed will be successful?  Also, how can that occur if we are in a recession?  (Correct me if I’m wrong, but you are indeed calling for a recession by 2018?)
Thank You,
D
ANSWER: Wolfgang Schäuble has already been jawboning Draghi to reverse course. Draghi knows he has 40% of all Eurozone public debt. He has lost total control of the crisis and has become the crisis. He is frozen like a deer in headlights. Schäuble wants Draghi to leave, but he has a 10 year term. This will not end nicely. We may see the crisis be the reason the Euro turns back down after testing the overhead Reversals in the 113-114 zone.
 Is Germany Putting Pressure on Draghi? Absolutely! France-GDP-1950-2016-1-1024x496
We have been in a major economic declining trend ever since the 1950s. Yes there are bouts with booming economic periods, but the growth during such rallies is progressively making lower highs. Once upon a time, we had growth of 8-10%. Volcker raised interest rates to 14% to stop inflation. Today, we celebrate 2% growth. This is a worldwide consequence of socialism. Government have doubled in size since 1950 and people wonder why Trump, BREXIT or even Le Pen won nearly 35% of the vote compare to 5% 20 years ago in France.
 Is Germany Putting Pressure on Draghi? Absolutely! USA-GDP-1960-2012-1024x687  Is Germany Putting Pressure on Draghi? Absolutely! British-GDP-Growth-since-1949-1024x780  Is Germany Putting Pressure on Draghi? Absolutely! US-GDP-Growth-1980-2016
So are we in a recession? Economists would say no unless there are two-consecutive quarterly declines in GDP growth. As a trade, you have to say we are on a very long protracted Bear Market in economic growth and the future, for us and our children, rests solely in the hands of this “populist” movement to replace socialism.
https://www.armstrongeconomics.com/world-news/central-banks/is-germany-putting-present-on-draghi-absolutely/

    Current date/time is Sat 03 Dec 2022, 11:47 pm