181–190 of 216 posts
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And how does that work for them?
Fantastic for my knowledge worker 401(k)!
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The Europeans I know seem to save in actual bank savings accounts, whereas the Americans I know seem to invest their money. Maybe I'm not looking hard enough, but I can't find a description of "savings" on those charts, so I think it might be ignoring American investments. To me, they are both types of investment, one a super safe option with a low return, and the other a more risky option with a higher return. From…
When private individuals have their money in savings accounts, aren't the banks investing that money anyway ?
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Fantastic for my knowledge worker 401(k)!
Who knew that cutting taxes while keeping government spending high AND lowering interest rates could result in so much free money going around? That coupled with the dollar losing 10% of its value in a year, of course stocks are higher than before. Inflation and dollar losing value = winning!
It's one thing to spend a deficit on something long-term useful, it's another thing to piss it away.
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Those are thin markets, and not necessarily even open to most EU investors. Also, good luck getting your investment back when there's another coup or civil war in the target country. Major investors have always had some level of international diversification and that will continue. But this recent EU move won't have any significant impact.
> Those are thin markets, and not necessarily even open to most EU investors... coup or civil war in the target country. I didn't say anything about "investing" in any closed markets or target countries. This isn't complicated but I'm sensing some entrenched and overly optimistic preconceptions getting in the way.
Macron is making up numbers. Unless the EU member states actually impose capital controls, investors will continue to send their capital wherever it can earn the highest returns. Profitable investment opportunities in the EU remain slim and so far they seem uninterested in pursuing a growth policy.
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What makes it more ridiculous, is that fact that we from the EU are shouting US is getting isolated, but some of the biggest economies in the world do not want to trade with 4 countries from the 3rd world, because we think will get bankrupt because of that.
> but some of the biggest economies in the world do not want to trade with 4 countries from the 3rd world, It's this attitude that makes non-Europeans (especially those of us without European heritage) less sympathetic to European pleas of support, yet it's your politicians that try to sign a defense pacts with "third world countries" like India [0] [0] - https://www.reuters.com/world/india/eu-proceed-security-defe..…
TIL EU savings rate is far more than US. 18.79% vs 3.50% Guessing that's somehow counting enforced deductions off paycheques. Would be a wild difference if not. https://tradingeconomics.com/european-union/personal-savings https://tradingeconomics.com/united-states/personal-savings
Also helps that most people don't start with an extremely large student loan when they have finished their education.
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> but some of the biggest economies in the world do not want to trade with 4 countries from the 3rd world, It's this attitude that makes non-Europeans (especially those of us without European heritage) less sympathetic to European pleas of support, yet it's your politicians that try to sign a defense pacts with "third world countries" like India [0] [0] - https://www.reuters.com/world/india/eu-proceed-security-defe..…
You should understand what the term "third-world" means. It is not the synonym for a "developing country", let alone "shithole country".
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Probably real estate. You also lose the tools, and the people, and the know-how.
Well that doesn’t seem to matter in another areas of the economy… meanwhile in Germany we are experiencing an historical de-industrialization. I don’t see nearly as much fuss about that.
Well, returning the food production while the population is starving would have been an even harder problem.