September is the German Elections. However, the first week of August is the turning point on the Economic Confidence Model that the computer is starting to pick up in many markets. Look for those that make lows at that time will rally generally thereafter. The market marking high at the time in August, may then turn down into October.
One Reader Writes: Yes Europe in their summer, for those that actually work(ed) in European institutions, the upper management — (parasites – say it the way it is), will take ALL of August off as vacation time (can you imagine 4 weeks!!!!!!!!!!!!!!…I mean WHO in the US gets the luxury of 4 weeks vacation???). AND as the saying goes “when the cats out the rats/mice play” So September might be too late MA.. August could be the fireworks month…
The Warns of Collapse are Coming from Inside Government Now
Posted on by Armstrong Economics
EU Energy Commissioner Günther Oettinger is part of a growing undertone within the European government that is finally getting real. He has warned that Europe is a one giant case destined for restructuring and that some countries in Europe have simply become ungovernable anymore. He has warned that Brussels does not have a clue what’s going on and still behaves as there is no crisis. They are living in a state of denial and the longer this continues the worse it will get. France is not prepared for what is coming and is way too far down the Marxist path with public spending ratio of 57% of GDP. The amount of government workers in France are double that of the EU average. There is just no hope as politicians stand in the way of saving Western Civilization.
Günther Oettinger’s recent remarks have been reported in the German newspaper:
http://www.welt.de/politik/ausland/article116606006/Oettinger-bezeichnet-die-EU-als-Sanierungsfall.html
Inside sources have been telling us that the bad-mouthing of especially myself is coming from both bureaucrats and bankers who realize that our proposal to stop borrowing and eliminate taxation to revive the economy and restore our liberty is against their self-interests. They are getting desperate to try to prevent anyone from looking at reform that goes against their self-interests. They would rather destroy society and try to be the richest men in the middle of a wasteland employed by a government that hunts down its citizens to feed the undeserved pensions of bureaucrats than consider what is best for everyone. The hatred hurled our way is amazing and it illustrates one thing – we hit the sweet-spot.
see: Cyprus Proposal
The Untouchables & Politics Come 2016
