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Not as Bad as It Looks 4/2/20

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ZH demonstrates the fact that alternative views of monetary matters have been deeply entwined with American right wing ideology, or just simply prejudices, since the 1950's when the John Birch society

The margin man coming round again. Other than that, the money the Fed is pumping in should keep the system afloat. You're wasting your time thinking of "reasons." Utter waste of time. It's always and

Found it Sip - thanks! https://economictimes.indiatimes.com/news/international/world-news/help-us-like-you-were-helped-after-war-italys-virus-hit-cities-tell-germany/articleshow/74913288.cms

This pattern is very bullish. Hourly indicators had huge positive divergences at the lower low. Very bullish. Here's the trend breakout. 

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Markets for now forget about europe. There is a new crisis brewing. There are already manifestation and eg italians bought headlines in german newspaper. This huge debt in Europe is unsustainable and there is a chance for euro breakup, again.

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Just now, SiP said:

Markets for now forget about europe. There is a new crisis brewing. There are already manifestation and eg italians bought headlines in german newspaper. This huge debt in Europe is unsustainable and there is a chance for euro breakup, again.

Which headlines Sip? 

 

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  I live near Grand Rapids Michigan and there is a lot of manufacturing, distribution and engineering being done. For better or for worse the economy is not shut down here.  Locals here like most places are working on stuff, that relates to protection.  Still I fear a spike in infections in two weeks. 

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7 hours ago, SiP said:

Italy demands solidarity from Germany, or EU 'will cease to exist'

European Union in 'mortal danger' because of divisions over virus crisis, says former Italian premier

https://www.telegraph.co.uk/news/2020/03/31/italy-demands-solidarity-germany-coronavirus-crisis-rifts-deepen/

The Italians are so desperate because they can‘t devalue their currency anymore. That was their business model since ancient times. They are one of the losers of the inception of the Euro. The big winner is: Germany. Fun fact is: There are quite many Germans who oppose the Euro and want to reintroduce the Deutsche Mark, another example of how dumb people can be. 
The Italian prime minister appeared live on a German tv talk show yesterday. That happened never before. He begged for money and help and was really desperate. They want Eurobonds. Germany not. Because in the very end Germany will pay their debt. But maybe after a broader discussion Germany will come to the conclusion that they have to pay the debt of the southern European countries, because it realizes that if they go down the kitchen sink the question will be: When your neighbor is dead with whom do you wanna do business with?

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