Greece’s Conspiracy Theory: Germany’s Only Out to Dominate

I could easily show you a Germany/Greece spread chart, comparing German bonds to Greek bonds, or German equities to Greek equities. But I’m sure you already know what that would look like.

Germany’s outperformance of the PIIGS, particularly Greece, is old news now. But, as Rodney points out, the sentiment Greeks have toward Germany is anything but old news.

Here are two charts I recently ran across. They’re published by a public opinion research company called VPRC, which conducted a survey to gauge the general feeling of people “on the ground.”

The first survey question was, “Thinking of the word ‘Germany,’ what is your main feeling?”

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The second survey question was, “Do you agree with the view that Germany, with its current policy, attempts to dominate Europe through its financial
power?”

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Whether Germany is attempting, through its financial power, to dominate Europe… or save it… is up for debate. Greeks obviously suspect the former.

Watch for the distrust to continue as this sticky cross-border, common-currency drama drags on.

If you haven’t done so already read the Survive & Prosper issue on “The Greek People and the Greek Government Are Committing Economic Suicide

What Killed the Middle Class?

Today real incomes of the middle class are 5% lower than they were in 1970 and 12.4% lower than in 2000… when they peaked! How could this be?

In our new infographic What Killed the Middle Class?, we take a look at some shocking numbers to show how bad it’s become and what has been fueling this middle-class revolt.

 

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Categories: Economy

About Author

Adam O’Dell has one purpose in mind: to find and bring to subscribers investment opportunities that return the maximum profit with the minimum risk. Adam has worked as a Prop Trader for a spot Forex firm. While there, he learned the fundamentals of trading in the world’s largest market. He excelled at trading the volatile currency markets by seeking out low-risk entry points for trades with high profit potential. An MBA graduate and Affiliate Member of the Market Technicians Association, Adam is a lifelong student of the markets. He is editor of our hugely successful trading service, Cycle 9 Alert.