The European Union was a great concept – combine a number of different nations, with different languages into one political-economic entity. But, not all great concepts pan out. Why not “read the tea leaves” and turn to Brazil banking expert Igor Cornelsen to diversify out of Europe?
“Some Good Ideas Don’t Work”
The Beta Max technology was actually better than the original VHS technology, but VHS won out for VCRs. The same could be said for Apple operating systems versus the original Microsoft Windows. Sometimes, good ideas do not work in the “real world.”
The same could be said for the European Union. This idea had never been successful before – combine different nations into one government. There had been empires, but not one that promised “that all nations would still be equal.”
“Hemorrhaging European Frustration”
England, Greece, Holland and Italy have all expressed their frustration with the present European Union structure. The European Union continues to suffer from being “too weak” or “too strong.”European economic figure are starting to fall due to low productivity, reduced trade and high debt.
The real job of leaders is to “fix problems.” So far, the Europeans seem to be “kicking the can down the road.” Italy offered a referendum on whether the citizens wanted to reduce the democracy in the nation. Of course, the citizens said “No.” Brexit was a rejection of the entire European Union model.
Wise investors will see that nothing is being fixed in Europe. No matter, your political views on Brazil, at least the government seems to be trying to reform the system. Sometimes, the bad apples need to be removed. Read this article at frenchtribune.com to know more.
“Brazil Controls Its Currency”
Brazil does not need to ask permission to devalue its currency. All European member states have this decided disadvantage. That’s why nations like England, which kept their own currencies, are still relatively healthy.
Brazil expert Igor Cornelsen can help you determine if there are good stocks or bonds to add to your financial portfolio. While Europe continues with its problems, Brazil might be turning the corner. Brazil estate planner Igor Cornelsen provides answers.