Tuesday, May 29, 2018

Soros says Trump dunnit

"The United States, for its part, has exacerbated the EU’s problems. By unilaterally withdrawing from the 2015 Iran nuclear deal, President Donald Trump has effectively destroyed the transatlantic alliance. This has put additional pressure on an already beleaguered Europe. It is no longer a figure of speech to say that Europe is in existential danger; it is the harsh reality."
I blame the taxpayer's willingness to pay 3% for government debt, way too high, unsustainable.  When we, periodically like clockwork, run up the debt the Euro debt becomes uncompetitive. We get Euro and emerging market  collapse. 

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