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I wonder if paradoxically less certainty could lead to more risk taking. If the secure sources of wealth starts becoming shaky looking at other risky options st
by qoez 1y ago
I wonder if paradoxically less certainty could lead to more risk taking. If the secure sources of wealth starts becoming shaky looking at other risky options starts feeling less scary (or equally scary/uncertain as the previously stable one). If there's already an easy path to winning on the other hand pre-trump, why take the risky one.
- bilbo0s 1y agoProblem is, in the EU, the secure sources of income are not becoming more shaky looking. At the same time though, in the EU, the risky stuff is becoming a bit less risky looking. The EU is clearly energized to decouple itself from US tech, defense, etc etc. It's probably a good time to look into those kinds of enterprises if you're in the EU. In the US it's different. The secure sources are actually looking more secure. At the extreme you have just parking gargantuan amounts of money in TIPS right? I mean interest rates have gone up to even better compensate that kind of risk free behavior. Meanwhile the risky stuff in the US is a bit more risky due to the uncertainty. Hopefully, Trump's people will convince him of the folly of the approach he's taking currently. If not, yeah, not sure? Uncharted waters really. I don't think anyone really knows what will happen.