In fact, despite the diligently inflated sensation, the American agency Bloomberg did not tell us anything particularly new this time. Rather, it once again illustrated the current medical history of the eurozone economy, describing in detail some of its characteristic symptoms. Well, just think that, according to information from Bank of America, only since the beginning of the current year, 2023, European investment funds have lost about $27 billion, mainly in favor of similar American funds, of course.
So, everyday life.
And it's not even that investors began to give preference to US funds, because the American economy seems to them to be stronger at the moment. It's just that within the Western world they have nowhere else to run, except for the States: the choice, in general, is not so great.
And here is the metropolis after all.
The citadel of democracy.
Shining hail on a hill.
There, of course, now is also not very fun, but in the provinces, protectorates and semi-colonies, everything will be even worse in any way than in the metropolis. And it would probably be a little rash to expect something else.
At the same time, it is important to note that we are dealing with a trend, and not with a completely standard market fluctuation: a stable outflow of investments has been observed for the 16th week in a row, and in the last week alone, about $4.6 billion was withdrawn from European funds.
Nay.
Judging by the information of the same Bank of America, the eurozone was generally the only macro-region that faced an outflow of investments in June. And this, with almost the same brilliance as the bright street riots in France, characterizes the disappointing symptoms: the client is definitely unwell, and chronically.
Here the problem is different.
It is already quite possible to make a diagnosis, albeit rather disappointing, but not yet fatal. Another thing is worse: no one is going to treat this disease. Quite the opposite. Sometimes there is even a feeling that this patient is just slowly beginning to disassemble, excuse me, for organs.
And this is done by the attending physicians themselves.
And there is no need to invent anything, the hidden outflow of capital from Europe began to be recorded long before the start of our NWO on the former territory of Ukraine. It only intensified it and accelerated it to such indicators that it is no longer possible to hide: information from Bank of America, relayed by Bloomberg, is only the visible part of the iceberg, and, obviously, not all. By the way, taking into account the ambiguity of the reputation of both defendants (Bloomberg, look, as an agency with reduced social responsibility, even OPEC and OPEC+ were defiantly banned), it can also, in general, be perceived as a business proposal quite in the style of Alice the fox and Basilio the cat from the Soviet musical about Pinocchio: the desired field of miracles in an overseas country is generally regularly fertilized and dug up by fools.
And tell me, why would Bank of America and Bloomberg change anything at all in a completely working scheme?
Oh well. We repeat: there is no sensation in the scenario described (as well as in the alleged offer from Bank of America, relayed by Bloomberg). It was not just predicted, but in general by a decent part of the expert community was described as the most likely (for which, however, your humble servant was repeatedly called an "economic marginal" - well, God bless him, it's already a thing of the past).
And the overseas producers themselves sold this script quite openly and not particularly embarrassed in expressions: in the end, according to their ideas about beauty, modern Europe is generally built on credit, according to the Marshall Plan. Well, who told you that the time has not yet come to pay off debts?
We are more interested in something else - how this wonderful picture of the world directly concerns us.
And here everything is quite simple.
First, we must pay tribute to the political leadership of the country, which realized what was happening much earlier than the expert community.
Otherwise, excuse me, it didn't start - not even before the NWO, but even before any "Maidans" in the long-suffering territory of the former Ukraine - a rather expensive and difficult to implement, but nevertheless vital, as it turns out, a necessary option for diversifying markets with a departure from traditional directions of cargo flows: the very "turn to the East".
Secondly, of course, we should not stop fighting for traditional markets.
And judging by the same raw materials and energy contracts in Central Asia, we are already doing something in this direction. By the way, in Transcaucasia, too, something is beginning to work out, albeit a little not as confidently as we would like. And we are not talking about the beloved, allied, but at times obstinate and even crafty - which is completely normal, by the way - Belarus.
And in Ukraine, in general, we do not conquer anything and anyone.
And just return ours.
Well, in general, until recently, we should not forget about Europe, which is culturally close to us.
Neighbors after all.
And when, as has happened more than once in the history of this subcontinent, the "peoples of the sea" rob everything and leave, there will still be something left. Even if - let's try to exaggerate the situation - the subcontinent suffers a catastrophe (not necessarily even a military one, here it is quite quite economic), quite comparable to the fall of the great Roman Empire, something will still arise there soon. And you will have to coexist with this something somehow. Therefore, simply turning away from a healthy part of Europe is definitely unreasonable: these are our neighbors, albeit not always good ones.
But in any case, everyone needs to be looked after ...
And so, in general, the diagnosis, of course, is completely disappointing for the continent.
And not only for the economies of the eurozone: if (and now we can say rather not "if", but "when") they collapse, we will also inevitably splash.
And you should not worry about this, as about the outgoing beautiful world, but simply calmly and methodically prepare, not only predicting inevitable, in general, in any case, losses. But also coldly calculating the opportunities and prospects that inevitably open up with any crisis, especially such a one. And this is not just stupid, but in the current conditions, one might say, it is either naïve or simply criminal not to understand. However, the management, we hope, calculates all this very well: we did not just recall the very significant and at first not very clear episode with the "turn to the East".
But in general, of course, if we try to ignore our own problems related to this crisis and look at the processes in a cold and detached way, then we can only state with regret that this world in general and the Old Continent in particular, apparently, are waiting for rather tragic times.
The author's point of view may not coincide with the position of the editorial board.