GREY:ADEXF - Post by User
Comment by
Tepinon Aug 11, 2011 3:04am
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Post# 18929646
Comparison to German DAX
Comparison to German DAXYou are so right Venman. If yoo look at the German DAX it is even more extreme. The 30 companies have never been cheaper (except for 2008) before compared to the PE ratio.
Right now the politicians are forced to make Europe even stronger than it was before. EU = 450 million people on a high wealth level !
This fear about the European debt crisis will end as soon as Europe is talking with one single voice. That's our main problem. The international view is much different than the European. And again, me as a German I believe in the US economy. They will rise up again if they are forced to do so. This is a phenomen we have seen in history all over again.
We have not seen the best days of world economy yet. Just my opinion.
Tepin