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Market rallies on utopia

Last night, the European leaders tentatively agreed on national budgets controlled by Brussels. I cannot imagine Greeks, British, Spain, Czech Republic, Slovakia or other European countries with historical animosity towards Germany and each other allowing anyone telling them what they should do with their national budgets. Also, the agreement counts on lowering the deficits of each country budget or make budgets with positive balance. If it was that easy, we wouldn’t hearing about European debt crisis at all. The whole deal in Europe, where countries were fighting one another since the year one is a pure utopia. Let’s see, when the investors realize it.

Happy Trading!

1 response to “Market rallies on utopia”

  1. Cico says:

    great article about stock market, thanks for sharing!

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