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Paris Is Just The Indicator Of The Risk

Paris should be your wake up call

By Joel Ross | Updated on January 10, 2015

Very likely you dismissed my last Rant as unnecessarily concerned and that continued investment in Europe was going well and will continue to yield good returns. If Paris did not get you to realize what is happening then I am not sure if anything will until it is too late. I am well aware that good returns have been made in Ireland and Spain and probably in some other countries over the past two years, but Paris needs to be you wake up to reality. It is the start of what MI5 and CIA and the French say is a coming wave of terror attacks across Europe and especially France and England. We have now seen it in Canada, the US, Australia, France and other places and this is just the start of a series of incidents which will cause people to limit their travel, limit being in certain stores, and generally not be helpful to the struggling EU economy. 

The EU is already suffering from economic issues which are not going toi get resolved for several years. There are underlying structural issues which they have never been able to work through dud to the widely differing political agendas, ingrained power of unions in places like Italy and France, and massive youth unemployment in Spain and Italy which is not going to get improved even with  QE program by the ECB. The issues are socialist labor laws and regulations which prevent business from operating well, and a unionization of key industries which has the power to stop any reform as we have just seen in Italy.

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