Investorstoday

Monday, January 23, 2012

Hungary and Romania try to outdo Greece




Orban Bows to Pressure as Hungary Signals Compromisein EU Feud


Romania’s protests reveal mounting frustration overpoverty, injustice in Eastern Europe


  
The events emanating from Eastern Europe bear watching over the next few months.

The Hungarian government pushed through a new constitution at the beginning of the year which compromised the independence of the central bank, reorganizes the court system, and rewrote rules surrounding data independence. 

At risk is an aid package with the IMF which needs a blessing from the EU before negotiations can begin.

Hungary has made their EU requirements by taking advantage of one-time items over the last few years.  The EU would like Hungary to put a stop to this practice and get their books in order before another aid package is negotiated.

Hungary accepted an IMF bailout in 2008 but shunned new funds in 2010. 

While the Hungarina government appears to be backing down anti-EU protests are beginning to flare up in Romania and Croatia.  This worrisome development could not come at a worse time as the EU has its hands full with Greece, Spain, Italy, and Portugal.       

Upset over a system they see full of entrenched interests that do not benefit or give them hope for the future people are taking to the streets in protests continuing a trend that started in Northern Africa last year moving to the US with the Occupy movement and now to the poorer European states. 
The question for European leaders as 2012 goes forward is can they effectively solve the debt problems facing Portugal, Greece, Spain, and Italy while creating jobs or do they accept the reality that the entrenched interests they are fighting so hard to protect need to be restructured. 

 


The 2012 Investment Forecast is now available!!!!

Thank you for your patience. 

The 2012 Investment Forecast is finally finished and ready for sale.  My apologies for the final week’s delay as my original outlet caused some unnecessary consternation forcing me to seek a different outlet.

I am pleased to say that the 2012 Investment Forecast is available through smartwords.com, the world’s largest independent ebook distributor, by clicking here.

Smartwords distributes to Apple, Barnes & Noble, Sony, Kobo, Diesel, and others along with instructions on downloading to your Kindle meaning that this and future work will be available in multiple formats from mobi to ebook to pdf. 

As a sign of forgiveness for being so late I am dropping the price from $20 to $15.  Quarterly commentaries will be priced at $5 while next year the yearly forecast will return to $20. 

If you wish to place a banner ad and help distribute the 2012 Investment Forecast and future works I am offering a 25% commission on all sales.  You can find more information here: 
http://www.smashwords.com/about/affiliate




Disclaimer
Communications are intended solely for informational purposes. Statements made should not be construed as an endorsement, either expressed or implied. This article and the author is not responsible for typographic errors or other inaccuracies in the content. This article may not be reproduced without credit or permission from the author. We believe the information contained herein to be accurate and reliable. However, errors may occasionally occur. Therefore, all information and materials are provided “AS IS” without any warranty of any kind. Past results are not indicative of future results.
PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. THERE IS RISK OF LOSS AS WELL AS THE OPPORTUNITY FOR GAIN WHEN INVESTING IN THE STOCK, BOND, AND DERIVATIVE MARKETS. WHEN CONSIDERING ANY TYPE OF INVESTMENT, INCLUDING HEDGE FUNDS, YOU SHOULD CONSIDER VARIOUS RISKS INCLUDING THE FACT THAT SOME PRODUCTS: OFTEN ENGAGE IN LEVERAGING AND OTHER SPECULATIVE INVESTMENT PRACTICES THAT MAY INCREASE THE RISK OF INVESTMENT LOSS, CAN BE ILLIQUID, ARE NOT REQUIRED TO PROVIDE PERIODIC PRICING OR VALUATION INFORMATION TO INVESTORS, MAY INVOLVE COMPLEX TAX STRUCTURES AND DELAYS IN DISTRIBUTING IMPORTANT TAX INFORMATION, ARE NOT SUBJECT TO THE SAME REGULATORY REQUIREMENTS AS MUTUAL FUNDS, OFTEN CHARGE HIGH FEES, AND IN MANY CASES THE UNDERLYING INVESTMENTS ARE NOT TRANSPARENT AND ARE KNOWN ONLY TO THE INVESTMENT MANAGER.
Before making any type of investment, one should consult with an investment professional to consider whether the investment is appropriate for the individuals risk profile. This is not intended to be investment advice or a solicitation to purchase any of the securities listed here. I will not be held liable or responsible for any losses or damages, monetary or otherwise that result from the content of this article.




No comments:

Post a Comment