Post
Topic
Board Economics
Re: Im owner of wealth club and here is my forecast about global economy
by
Wealthclub777
on 06/08/2023, 07:38:21 UTC
Im Wealth Club 777 owner and here is forecast for econoy
The many years back UK banks LIBOR scandal and SWAP deals to Europe Banks and many other indicators can tell us only one thing that euro is about decouple from much more from other Western world fiat currencies.

Get ready for weaker euro off course it has quite good economic stimulus factor we can can expecting boom and bullish european construction and real estate markets.
Once again europe Will be good vacation destination becouse of weaker euro specially by usa and british tourists.

Thanks and enjoy the Reading Smiley

How is a scandal from 10+ years ago in a key factor in weakening euro? Maybe you want to elaborate why that specific scandal is meaningful today, when in camparison EU has actual war next to them.

And if european construction and real estate markets would be be booming, wouldn't it mean that euro might be doing well too? I mean those fields are making a lot of jobs, and people with jobs consume keeping the economy happy. And you didn't add any links or reveal how you came up with your forecast, so i don't see any reason just to believe you.




Big ships moves slow small ships faster.
The UK EU and USA are one of the biggest players so they can't move so fast.
It takes years to prepare and swap and move capital and assets the rich want to be prepared but they have so much capital If they buy or sell fast it Will trigger either crash or price going up.

The europe is big enough to take hit the usa,Canada,UK, transfering their inflation into the Europe.
If something moves for example money then you got to look from where and for what reason and connect the dots.
THERE IS NO FREE energy the energy can be transfered or changed from one form to another same thing with economy nothing is free.
Economy is not that complex as you think it is.