Patrick L Young is CEO of niche crowdfunding platform HanzaTrade and an advisor to fund managers throughout the world. Born in Ireland, he is an active investor in the “New Europe” amongst other emerging markets and is an active Co Founder of grassroots startup group "Mission ToRun."
Wall Street remains strong and Trump cannot help but realize this. The next US president will have to work his way around in order to be a friend of both markets and people by bringing back the capital and jobs that sit overseas, financial expert Patrick Young told RT.
The road to hell may be paved with good intentions, but it might not be ready for the speed with which the EU is seemingly determined to reach Hades. Brussels may yet fester for years but multiple unresolved crises are unraveling the EU.
Ireland’s economy is roaring back. Despite a property crash and a Merkel-engineered troika bailout to rescue her bankers, the imminent general election takes place against an economy few dreamt possible in 2010.
If you were unlucky enough to see the Polish general election at the weekend, you probably saw Western media coverage of it, which painted a story of nice, polite urban liberals who were upended by a frothing mass that epitomizes barbarianism.
The world’s largest free trade zone encompassing 40 percent of world trade leaves Europe amongst those trailing in its wake. The benefits for TPP member states? The proof of the pudding will be in the deal once published.
The mainstream media retains a minuscule attention span which leaves fruit flies resembling long-term thinkers. Thus suddenly misplaced optimism lazily received via an economically illiterate Western political caste, has declared it’s a crash, a meltdown! “Black Monday!”
China looks precarious, as Eurocrats continue to forlornly prod the eurozone weeds desperately seeking green shoots of recovery. Meanwhile, the US economic upswing is looking rather mature...and therein lays the problem. This summer may be as good as the economy gets.