Sorry for commentating again so often but the Europe is socialism theme has been said for decades and EU keeps on going anyhow. Its not really tending towards extremes quite that much, the politics certainly appears that way but overall the countrys are mixed in their purpose and aims. Germany is one of the worlds greatest exporters for example, any interference with control of that industry operation would not likely be tolerated and lead them into an obvious loss. So long as they retain the ideas of democracy I would not fear Europe will become this negative or extreme any time soon, I dont see this as a trend increasing is my point.
The biggest warning of a socialist move imo would be in the interaction between banking debt, government debt and the ECB. Done correctly the debt is bad and some defaults should occur, this reorder is necessary. If that common order is disrupted, it favours unrest and possibly this idea of seizing assets to favour the common good. That path leads to ruin as Venezuela has shown most recently. If all these governments' budgets were in surplus I would not think this possible at all
https://i.imgur.com/xwjwc4c.pngQuite an obvious barrier upwards, 6800 as mentioned a few times. Indicators are neutral seems like and 50 day moving average flat. This is just the April low, on balance nothing especially bullish required to challenge this area rather then retract as if it were a solid ceiling. I would guess we surpass it and in doing so there is a bit of a rush upwards, 7400 to 7700 being the most obvious target which is a previous channel trend and a previous ceiling. I dont think it would go past that without selling, consolidation.
This recent higher daily low area was quite good reason to be positive now I think
The problem with the healthcare industry is that it just not sustainable to try and operate it at a profit or even a loss. It is rather difficult to make a profit or even operate at cost when your main customers are among the chronically ill and/or dying. Unfortunately, it can really only operate at a loss, in the long run.
I'd agree in plain numbers but for a nation, its people are its most valuable asset and the best source of growth possible. People are exponential in their capacity for productive gain, to not favour the good health of your nation as much as possible could be considered the worst form of malinvestment.
Saying that, only basic health care in line with advances over decades is that feasible. Cutting edge, high cost health care should probably always be private.