Update: EUR/USD Weekly View & George Friedman on Hungary’s tenuous future

Posted by Jack Crooks - Black Swan Capital

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BlackSwan2George Friedman of Stratfor.com recently penned a very interesting and educational essay regarding Hungary, contrasting its history with Germany and Russia and its tenuous futures now that Russia is reasserting itself.  This type of analysis clearly highlights a major problem for the Eurozone—Germany now economically controls the zone, but is increasingly seen as aggressive protector of its business interests, but there seems a major political/military void they refuse to fill.  This is not a confidence builder for the other states, and especially not for the buffer countries of Eastern Europe who are growing justifiably leery about their future as Russia expands again as Germany siphons off the business gains accordingly. This is not lost on an EU populace experiencing EU fatigue both economically and politically, and heading to the polls soon.  It is likely not good for the single currency longer term. 

Please click on the link below to view the issue:
http://gallery.mailchimp.com/dcfeb4b3bc5ba9ed1d447e92e/files/b71ef91d-fd69-45d8-abdf-ea7da75bb417.pdf
 

Jack Crooks

Black Swan Capital