I wouldn't worry about Europe

There's always a few major things that push world stocks up and down. What's in the spotlight now is the Eurozone. The doomsayers forecast the end of the Eurozone with Greece and Spain being the first two who will fall out. There are also grave fears of a default by Greece and Spain as well as by their banks. I wouldn't worry too much, though. I am happy that there are doomsayers even though I don't agree with them. I think they play an important part because the world needs to hear what they are predicting. Their dark words will play a part in preventing it. Europe and all those heavily invested i.e. Germany, will not sit idly by and let things go crazy. Those with interests to protect will move. CNBC analysis argues that only political union can solve the problems. For me its simple, if Eurozone is pulled apart, it makes no financial sense to anyone even Germany who has benefited so much from the Eurozone. Unless there's some unforeseen political problem, the powers that be will think with their pockets and the Eurozone will be preserved.

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