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Old 04-26-2012, 08:15 AM   #1
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Political sentiment in the Eurozone - backlash against austerity and the Germans?

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The European recession is starting to take its toll. Voters everywhere are fed up with austerity, fed up with high unemployment, fed up with immigration, and fed up with politicians currently in power.
A Swiss politician has prompted a heated debate after suggesting that there are too many German immigrants in her country. "We really have too many Germans in the country," Natalie Rickli, a member of Switzerland's parliament with the right-wing populist Swiss People's Party (SVP), said during a television talk show on Sunday.
Bear in mind the Swiss People's Party (SVP) is not a small fringe party. It is the leading political party in Switzerland for 32 years with about 25% of the vote in the last election.

So, not only is there a call to limit immigration from eastern European countries, the leading party in Switzerland is fed up with Germans willing to work in Switzerland for cheaper prices than the Swiss.

Interesting if true (re: overall sentiment and not just one politician's). How's that referendum coming along sa?
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Old 04-26-2012, 08:24 AM   #2
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Europe is extremely loud right now yet we aren't hitting new lows on the Euro. Bullish sentiment for the US dollar is very high. I think we are about to see a shift in the narrative back to the US here pretty soon.
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