There is a danger of this blog sounding political, but the fact is economics and politics don't mix. Good investors stay away from politics. Sure they watch it, learn from it and are concerned by it, but to become a strong investor and make good financial decisions political neutrality is a must.
Looking at the current world situation things are unsettled and getting worse. Spain and Greece continue to boil over. Their unemployment numbers are astronomical and debt suffocating. Numerous bailouts have been tried and after a few months nothing changes. But these two nations are not alone. Nations around Europe are facing devastating economic issues. Yet, nothing has changed and the same old worn out ideas are being recycled. The turmoil in Europe will continue to be a drag on our economy, along with our own issues, that is a fact. So what does this mean for the common investor?
Europe is a prime example of why political neutrality is so critical. Sure the ideas are failing, but don't get caught up in debating why, leave that to Rush Limbaugh, Sean Hannity and Rachel Maddow. Instead, do your homework, search out investing opportunities. Remember, money will be going somewhere and if Europe is becoming a grave yard look for the new boom town (likely Asia).
Political debate is fun, no doubt. But it is a waste of time and a waste of money. Stay above it, move with it and take advantage.
Europe needs to get their house in order or their gonna go down. If they can't turn it around the UN will come in and take over.
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