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*'''Marco Carnelos: [https://thealtworld.com/marco_carnelos/does-the-west-really-need-to-be-great-again Does the West really need to be great again?]''' ''From the [[US]] to [[Europe]], panic is setting in as we witness the rise of a new [[multipolar]] world.
 
*'''Marco Carnelos: [https://thealtworld.com/marco_carnelos/does-the-west-really-need-to-be-great-again Does the West really need to be great again?]''' ''From the [[US]] to [[Europe]], panic is setting in as we witness the rise of a new [[multipolar]] world.
 
[[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|''Zelensky Must Go!'']]</sup> 22:58, April 26, 2025 (EDT)
 
[[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|''Zelensky Must Go!'']]</sup> 22:58, April 26, 2025 (EDT)
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:If you really wanted a reaction, I will give a good faith initial reaction.
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:Alex Krainer is a portfolio manager of Altana Wealth.[https://etfexpress.com/interview/alex-krainer-altana-wealth-our-portfolio-holds-about-two-thirds-risk-exposure-commodity/#:~:text=AK%3A%20The%20Altana%20Inflation%20Trends,subsidiaries%20in%20London%20and%20Monaco.]  Over the last 100 years the S & P 500 had a return of 10.49.[https://www.google.com/search?q=s+and+p+500+historical+returns&rlz=1C1GCEA_enUS1157US1157&oq=s+and+p+500+historical+returns&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQRRhA0gEIOTcxOGowajeoAgCwAgA&sourceid=chrome&ie=UTF-8] 
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:Here is the track record of Alexa Krainer that I was able to find via some preliminary research: "AK: Before joining Altana Wealth, I generated more than four years of audited track record with a friends-and-family managed account, up to last December delivering a 10.30 per cent compound rate of return net of fees with about 15.6 per cent annualised volatility. The worst drawdown I experienced on this account was 17.55 per cent. Although these figures come somewhat below the historical norm, we are very pleased with the track record as it spans some of the most difficult trading environments for CTAs in the past three decades, especially 2009 and 2011. As the English proverb goes, “Smooth seas do not make skilful sailors.” I feel privileged to have sailed the rough seas and delivered solid performance for our investors."[https://etfexpress.com/interview/alex-krainer-altana-wealth-our-portfolio-holds-about-two-thirds-risk-exposure-commodity/#:~:text=AK%3A%20The%20Altana%20Inflation%20Trends,subsidiaries%20in%20London%20and%20Monaco.]
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:So he underperformed the S & P 500 in terms of its last 100 years for the track record I was able to find related to him. [[User:Conservative|Conservative]] ([[User talk:Conservative|talk]]) 09:13, April 27, 2025 (EDT)
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::I also found this: [https://www.reuters.com/business/finance/altana-stole-rivals-secrets-venezuelan-debt-fund-uk-court-rules-2025-02-13/ Altana stole rival's secrets for Venezuelan debt fund, UK court rules], 2025 [[User:Conservative|Conservative]] ([[User talk:Conservative|talk]]) 09:19, April 27, 2025 (EDT)
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:::With that being said, there is reason for be bearish concerning some European countries. For example, "The EU's population is projected to decline, starting after 2026, reaching a peak of 453 million in that year before decreasing to 420 million by 2100. The decline will be most pronounced in Eastern and Southern EU countries, while Northern and Western countries may experience growth due to higher migration....The share of working-age people (20-64 years) in the EU's total population is projected to decrease."[https://www.google.com/search?q=demographic+forecast+for+eu+2025&rlz=1C1GCEA_enUS1157US1157&oq=demographic+forecast+for+eu+2025&gs_lcrp=EgZjaHJvbWUyBggAEEUYOdIBCjEyMDEzMWowajeoAgCwAgA&sourceid=chrome&ie=UTF-8] [[User:Conservative|Conservative]] ([[User talk:Conservative|talk]]) 09:26, April 27, 2025 (EDT)
 
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