Monday, May 5, 2008

By Mr. Z ; Information you won't hear here.

It is a fact that the economy in the U.S. has an important impact on the activities in Europe (and Asia, for that matter). So, European analysts are very well informed about what happens in the U.S. and study it vigorously. Obviously, two areas are the most pertinent: (1) Stocks, and (2) Exchange rate. Both areas are very much intertwined between the U.S. and Europe.

Having said that, it is interesting to read about the reaction of European economists on the current situation of the economy in America. The example below is from „Handelsblatt“, a daily newspaper dealing basically only with financial and business matters. Handelsblatt is very much in the center of the political spectrum and known as the business Daily of reference in Germany. The information quoted below is from today, May 5:

1. The DAX (German stock index). Due to the good new US Data of last week, the DAX went up more than two percent by the end of last week. Today, the DAX had a lighter than normal transaction volume but life got breathed into it again because of additional good US Data (remember the time difference!).
From Handelsblatt: "Some movement [of the DAX] was caused by the surprisingly good economy data in the U.S."

2. The exchange rate. Recently, the Euro went down relative to the Dollar, and the question was whether there would be a gain by the Euro again:
From Handelsblatt: "Good U.S. data limits the gain by the Euro"

Now, the question is: What do European economists see in the U.S. economy which the media in the U.S. doesn’t want you to know? For me, it is clear: The agenda of the U.S. media is Marxist in nature, in support of the Democratic Party candidates. Makes a better argument in the media's fervor to get a Socialist/Liberal elected in November if the US economy is badly failing, right? "Vote for Hillary or Obama...they'll fix the Republican mess" If it's NOT a mess, they have a problem.

QED (Quod Erat Demonstrandum – “that which was was to be demonstrated”).

hear, hear!! *(and thanks, Mr. Z)


Elmers Brother said...

it's the economy stupid....

- says the media to the sheople

Anonymous said...

Our inherently Marxist media wants always to put the most dismal interpretation possible on the American Economy and the living conditions in our blessed land, because their not-so-hidden agenda is to destroy The Two Big C's they fervently believe are more evil and less desirable than Cancer, the third and most-feared of all "Big C's."

I refer, of course to CHRISTIANITY and CAPITALISM.

The insidious appearance of Marxian dialectics into university curricula back in the 1920's has so perverted Western Thought via the educational establishment, the entertainment industry, the news and information industry, the legal profession and the courts that our confidence and faith in the two best things that ever happened to mankind–––Christianity and Capitalism–––has been shaken to its foundations which now seem almost irreparably weakened.

It's too bad we have to find encouraging news about ourselves only from EUROPE these days. But Europe's apparent turnaround towards Conservatism can only be interpreted as hopeful sign for us.

Long may it wave!

~ FreeThinke

Z said...

Elbro...sheople is RIGHT!

FreeTHinker...EXACTLY. Very clever use of words with the "C"'s..sure does fit, sadly.

Mr. Z appreciates both of your input. xx

Anonymous said...

a>And, needless to say, we greatly appreciate both Mr. and Mrs. Z.

~ FreeThinke

(((Thought Criminal))) said...

C'mon baby they licked the Y2K bug with superhuman spending.

Anonymous said...

Hey MR. Z!

I have been saying this SAME's the media CREATION of a crisis...All you need to do is really examine the poll data...

When asked people will 'say' they are concerned about the economy, BUT they will also say that THEY are doing just Why have concern for the economy??? Because the media continues to TELL them they OUGHT TO BE...ugh...and the angora just keep saying O bahhhhh ma!!!

It's so SAD Mr., very, very sad.


David Schantz said...

This would be the same main stream media that brings/gives us the two party political system?

God Bless America, God Save The Republic.

Incognito said...

That's interesting... you do hear occasionally that the economy is doing fine, but then the next day we're in a recession.

Me! said...

I think the media wants us to think that our economy is horrible but, have you been to Target or even Walmart lately? they are packed! People are shopping non stop!

Nice article Mr Z!!

Anonymous said...

It's no longer "the facts" that win elections: It's MSM propaganda foisted upon a voting population either too lazy or too blissfully unaware to seek alternative sources of information.