2022/07/21 (054) Column

The Loser Is The Euro
– The Looser Is Our United Euzone,
And That Regardless Of The Daily Exchange Rates.
My Opinion, After The Accepted Resignation Of Draghi!


Everything That Held Traditional American Together Is Being Destroyed By The US Democrats

Socialism doesn’t work because it doesn’t reward individuals like you and/or like me, my readers, if you offer profitable services, products, as well as goods. Therefore, and precisely because of this, political left-wing movements, states, are forced to the downfall, to monetary material poverty, of society until the majority of society realizes this. And thus elects their political left-wing leadership from office – and or also (not) peacefully chased away. So that political left societies are good at destroying services, products, goods. Because if you didn’t do that, then you would be a conservative, freedom-loving capitalist who would operate profitably with your services, products and goods! Have you ever thought about it?

Admittedly, there were also religious conservatives who accepted the school closures during the pandemic, in the truest sense of the word. However, it is still mainly the left that cultivates these days, with their tax-financed teachers. In addition, Sleepy Joe’s US Democrats have now also destroyed respect for law enforcement – we see that all the time. They destroyed historical markers, knocked down statues.

They destroyed whole blocks to honor George Floyd. They destroyed independent medical practices with Obamacare. They destroyed free speech on college campuses. And they hope to destroy the Electoral College, the Filibuster, the US Senate and, if we let them, the Constitution itself. So basically everything that manifests traditional American conservative freedom-loving ideas must be destroyed. And now it looks like they are on their way to destroying the all-volunteer US military.

And while our media, in our so-called West, obsess over the fake climate crisis, they gloss over a real crisis: the gradual exhaustion of our NATO military forces. And as a result, most conservative freedom-loving fellow human beings, in our so-called West, have little idea how dire the situation is. So how bad is it, for example in the USA? According to the Pentagon, the US Ameree currently fell short of its fiscal year recruitment target of 60,000 troops by half – a deficit of 30,000 troops. And next year it’s supposed to be even worse.

Don’t forget that the Army had already reduced their annual recruitment target by 5,000 due to a previous deficit. And yes, we have known for months that the problem occurs in all branches of the military. Think about it, a revanchist, politically left-wing Cold Warrior, with a preference for Palestinians, and the current Iranian government – i.e. outspoken Israel hater, which denies Jews the political right to live in their holy land – could not change the current political situation in our so-called West paint better. And that’s only because we, conservative, freedom-loving friends of the USA, friends of Jews, and advocates of Israel, forgot to be sane, peaceful, confident, and free to argue outspokenly against (green) leftists for what we (religious) right-wing believe.

The Loser Is The Euro – The Looser Is Our United Euzone,
And That Regardless Of The Daily Fluctuating Nominal Exchange Rates

Our euro zone is deeply divided, because there are no any hawkish, stability-oriented, conservative, freedom-loving politicians. Like Viktor Orban in Hungary, for example, who didn’t just raise interest rates by 200 basis points. no He also organized a price cap at gas stations, his compatriots! If you’re still wondering why he’s being denounced by political leftists perceived alongside him, are you disappointing me a bit, my readers? I thought we were already further, because of the wealth of competent information that I have been making available to you in every D2D issue since the beginning of the year, with all due modesty?

Mario Draghi’s resignation does not throw Italy back, as many of my colleagues comment today, and or even titles. No, in my opinion, the political situation is finally putting the problem that affects us all in the eurozone ack on the table, in unvarnished honesty. Admittedly a bit Machiavelist, but at least open and honest, as a politician can be, if I, as an observer, can say so appreciatively. Because Mario Draghi seems to have arrived at the end of the road, if you will, with his tendentially more progressive left-liberal green Italy, like our traffic lights in my home country Germany. And that’s just as well. Because, at least according to my personal political left-liberal progressive experience, the end, at least in my personal political case, is the beginning of conservative, freedom-loving thoughts. Since progressive left-liberal green political ideas, sooner or later, more or less, only count for their political parties – and thus a gap formed between the rulers and the ruled. So that failure, as always in left-wing societies, is only a matter of time due to the monetary material decline of the majority, of every political left-wing society.

In truth, the euro zone is a divided currency area. Draghi came into office because the previous left-wing government was at odds over how to handle the billions from the EU reconstruction fund. Typically, bickering over the people’s money instead of making sure that working people have more in their pockets. This is leftist politics. Which is why politically left-wing politicians repeatedly (un)consciously (un)intentionally struggle with complex structural reforms. On the political right, on the other hand, there are still strongly euro-sceptical basic currents, even EU-sceptical ideas, whose political imagination extends not only to leaving the euro, but even to the EU. The centre-right camp, which is doing well in the polls, also wants greater self-determination in migration policy.

A hawkish, stability-oriented, conservative, freedom-loving fiscal policy, let alone monetary policy, is socio-culturally simply not in the blood of our Italian friends south of the Alps, like us here in my home country of Germany. Which is why Draghi, if you will, was overthrown by his predecessor Giuseppe Conte. Which in turn was overthrown by his predecessor Matteo Renzi. Because all these men always thought that they, and their Pertei friends, could get a political advantage for themselves from their maneuvers. In order to be able to rule thefatherland better. The loser was and is therefore the euro zone again and again. That’s the way it is now. Since the urgently (un)necessary structural reforms that Draghi initiated can no longer be decided in parliament.

Whether Mario Draghi was the best thing that could have happened to Italy remains to be seen. Likewise, in relation to his tenure as head of the ECB, when he tried “whatever it takes” to save the euro. The 74-year-old banker was certainly not a pioneer of the political avant-garde. But there’s one thing I can’t and won’t deny him: Italy benefited from Draghi’s solidity, his reputation and his expertise as a personification of the ruling system. And that was and is half the battle in the volatile Italian political scene. With its integration power, numerous reforms were initiated – which, however, are also responsible for the reason for its failure. Because euro policy is above all a formal legal conflict of interest, the fiscal policy, the individual euro capitals, and their parliaments. All of which are financed with one currency, namely our euro, financed by the ECB. And since every state budget has to finance, first and foremost, its own compatriots, it is always about selfish national interests, in the case of every euro country. And to score points with the speculation, with the calculation, on the yield from the votes. And that’s just as well. Which is why Matteo Salvini (Lega) and Silvio Berlusconi (Forza Italia) also provoked the break, if I’m not mistaken.The Dow Follows The Firm Nasdaq Up This Thursday

US WallStreet emerged from cover again this Thursday. The gas pipeline that was activated again in Europe and/or a significant interest rate hike by the ECB initially did not provide any clear impetus, nor did the mixed company figures. But over the course of the year, investors gradually became bolder and all major US indices made it clearly into the black. And or also to an interim six-week high.
The positive pioneer was the technology-heavy Nasdaq stock exchange, whose selection index Nasdaq 100 with tailwind strong Tesla numbers posted an increase of 1.44 percent to 12,619.41 points. The S&P 500 followed, up 0.99 percent to 3998.95 points, just missing the 4000 mark. The Dow Jones Industrial had to fight for a long time to break even, but ended up with 32,036.90 points, a comfortable plus of 0.51 percent.

During today, many analyses, reports and/or comments from other observers of US WallStreet read that many are still trying to figure out what effects the latest developments in terms of geopolitics and monetary policy would have on growth. And or whether the central banks, due to their interest rate decisions, (not) send their respective economic areas into a recession. Irrespective of this, our current technical analysis 4XSetUp in the Dow Jones Future, since last week, is also aiming for exactly that. Because stock markets usually anticipate the boom/bust phase of the economy. Like this summer 2022 – if we’re lucky, with our long trading capability.