Recently, news concerning King Donald occupies top headline of most media and thus made people tired of it. Anyway, it’s time to talk about what is happening on the other side of the earth. The EU is having a silent reformation, they wish to have a higher key to attract world attention, but alas they are not as IBM as King Donald. This IBM does not mean International Business Machine but International Big Mouth.
King Donald has his Truth Social and X of Elon Musk to make known of his policies. In China, they also have keyboard fighters which is known as 50 cents. That is those fighters when releasing a post in various social media for propaganda can have a wage of 50 cents of Chinese Yuan. But EU has nothing at all, that is why the writer need to make clear of their changes which not only affect the whole Europe but the world at wide.
What are they going to do? It is even more important than BREXIT. The EU will extend their union to form new allies with Canada, UK, Norway and Japan. This Union will be even more important than NATO, for NATO is just a military union, but the new ally includes economy, political and military union. They will form a military force of EU having routine patrols on borderlines of air, land and sea where NATO does not has such a force and just go ahead in form of individual countries.
The main reason is that US is withdrawing their position for justice and universal value which established after World War II and Europe is the cradle of world civilization and should take up such a responsibility. When no one would stand up to protect the weak from being bullied, it’s Europe that should stand up. The changes are significant but for every policies, there are advantages and disadvantages and in the next two weeks the writer will talk about them one by one and see how it affects the world and investment market.
About the Author
Daniel Yue has been an active investor since 1980, with experience spanning stocks, currencies, futures, metals, and bonds. A scholar of the Chicago School of Economics, he holds a Certificate with Distinction from Cambridge University and a degree in International Trading from National Taiwan University. He served as Chief Analyst for over 30 years and Chief Mentor at Sincere Finance. In 2017, he received an award from the University of Arizona for financial internship leadership.
The analysis and opinions expressed in this article are for educational purposes only and do not constitute financial advice. Investing involves risk. Please consult a qualified financial advisor before making investment decisions.
About the Author
Daniel Yue has been an active investor since 1980, with experience spanning stocks, currencies, futures, metals, and bonds. A scholar of the Chicago School of Economics, he holds a Certificate with Distinction from Cambridge University and a degree in International Trading from National Taiwan University. He served as Chief Analyst for over 30 years and Chief Mentor at Sincere Finance. In 2017, he received an award from the University of Arizona for financial internship leadership.
The analysis and opinions expressed in this article are for educational purposes only and do not constitute financial advice. Investing involves risk. Please consult a qualified financial advisor before making investment decisions.