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It has been a while since I posted...it may be while till the next post

Sorry folks, with The Donald in the White House its hard to get very excited about anything political -- I mean the crap he pulls on a daily basis would have normally made the front page of all newspaper for weeks, but because he's so crazy, ignorant and supported by the GOPs own crazies there really is not much to say.

Europe, well Europe is doing OK, at least on the surface.  The Italians finally got a government -- which includes 5 stars -- which is as anti-European as can be, and drafted exit words from Europe and the Euro (plus canceling all Euro-denominated debt..) but thankfully these ideas were not in the final governing agreement (but how far are they below the surface).  France and Germany are trying to get along, with some success, but on one side you've got Germany and on the other, you've got everyone else.  How long till German gets fed-up of paying for everyone (actually that's easy -- as soon as Europe stops buying goods and services in Germany). 

Nevertheless, the Euro is strong (which makes almost no sense) but for America -- which has just announced that its government will have a 3.5% (of GDP) deficit.  Really, lots and lots of money that the Americans will have to print -- so the Euro is looking better and better every day.

The Canadian dollar is going nowhere -- despite oil prices rising nearly 40% in the past 12 months.  IT seems to have (for the first time) no impact on the CAD.  The CAD which for years had a correlation factor with oil prices in the region of 85% -- The CAD was a petro-currency!

But overall its hard to get excited about the whole thing.  America's xenophobic tendencies are screaming louder and louder every day.  The religious right, (not sure why they use the word religious since they seem to love pedophiles, rapists, and thieves).  As long as they get the fulfillment of their "end of days" (no joke several think that the arrival of America's embassy will result in their famed end of day prophecy (go figure).

Anyway, I've moved most of my thoughts to LinkedIn -- these are more articles on specific sectors since I have much less time (or appetite, or interest) in getting excited about the world.


Regards

Old Cranky bastard





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