Comments ( 4 )
  • Viewing 1 - 50 of 4
Bad Dragon
Group Admin

In this thread, you can post any tidbits of info regarding Europe.

Bad Dragon
Group Admin

As you probably know, the election day is closing Germany, France, Italy and Netherlands.

This got many investors spooked. What if another country, after Brexit, decides to leave EU? That could open a pandora's box and EU could fall apart.

Fret not, fellow investors. The pro-EU and pro-EUR sentiment among the people in those countries is still high. The support of anti-EU parties is very low and they don't stand much chance of winning. Even if the worst comes to pass, and they do end up winning, they can't do much. Being a part of EU is in their constitution which makes the exit from EU very difficult without the full support of the people and the parliament.

My advice is to embrace the pessimism. When others are skeptical, you can use the opportunity to buy the dips and make big profits when the fears in the market vanish.

Bad Dragon
Group Admin

The elections are coming in Europe. Is this the end of the united continent? Not really. The populist Geert Wilders wants the Netherlands to exit EU. However, he's not making it big in the Netherlands's parliament as he had hoped. His support is waning. He'd need 76 sits in the parliament to have the majority, but he's only getting about 25. Even if he won, nobody would want to go in coalition with him.

Netherlands will, therefore, stay in EU.

  • Viewing 1 - 50 of 4