Wednesday, September 23, 2015
Let's check in on glorious Europe, shall we?
Haven't posted charts in a while, let's do some of that now.
Yup, them swarthy Mediterraneans are so corrupt and unproductive that their market has gone down 30% in a year. If only they'd behave more like Anglo-Saxons.
Yup, them cheese-eating surrender monkeys are also in a 20% bear market since last summer. That's what you get for refusing to submit to German economic orthodoxy. Yay capitalism, boo sociamalism!
Meanwhile just check out the superior performance of David Cameron's glorious UK:
Wait, what's that? UK has also been in a 20% bear market since last summer? B...b...but they're not sociamalist, are they? Doesn't the UK have a fabulously productive economy? I mean, they kill poor people and expel refugees and everything, don't they?
Germany, the land of killing people by poison gas:
Wow! Another 20% bear market!
Gee, it's almost as if Europe's German-led omnipresent fiscal tightening in the face of continent-wide economic depression has gotten them absolutely nowhere for 18 months now! I'd feel sorry for the investors, if it were not for the fact that it's only Republican government-hating wackaloons who have been investing in Europe for the past year.
That's what you get for hating Keynes, bitches!