Another sign of the “New World Order?” The Germans buying the New York Stock Exchange. This government has destroyed the industry of America, sold the auto industry (our last remaining major industry) overseas, and installed a communist health rationing system and now are selling our economic markets to the highest bidder.
Achtung Baby! NYSE To Go Deutsch In Biggest Merger On The Planet
Historically, the urge to merge has coincided with major stock market tops
On February 15 Deutsche Boerse AG slipped a $9.53 billion all-stock bid on the “finger” of the New York Stock Exchange. If approved, the merger would create what one news site called “the Goliath Bourse” — or the largest stock exchange on the planet.
So, there’s no time like the present to start learning a few key German phrases to welcome Wall Street’s would-be financial in-laws. The four expressions below make for a fitting introduction:
Wunderbar: “Wonderful,” “super,” “out of this world.”
According to the mainstream experts, the creation of the behemoth German/American bourse is an UBER-bullish event, and reflects the global economic recovery. Here, the following news items capture the overall optimism surrounding the merger:
* New York Mayor Michael Bloomberg: “This is one of the better things for New York because what you’ll do is you’ll have the two strongest stock exchanges together… This is really very good.” (NY Post)
* AND — “It seems as if the market has a very strong bid under stock prices. [Mergers & Acquisitions] is a market that people are trying to get back involved with.” (Bloomberg)
Bloomberg is praising the country that brought us the Wiemar Republic which led to the rise of Hitler.
Doppelganger: “A double, or look-alike.”
The mega-deal-zeal surrounding the potential Deutsche/NYSE merger is a spitting image of another time in recent financial history: the year 2007. Back then, M&A activity had soared to an all-time record high, valuing over $1.33 trillion. And much like today, the main focus of consolidation was on global unification. “Merger Mania Is Back With A Vengeance” said a March 30, 2007, Independent cover story, as every one from airlines to metal mines, and banks to bourses aimed to bring east and west together.
The culminating event came in April 2007, with the $14 billion merger of the NYSE and Euronext to create the first trans-Atlantic financial market AND largest stock exchange in the world.
Elliot Wave International
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