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I think a lot of investors are looking at Europe/EU as a safe heaven, because it actually has strong democratic institutions that hold up the rule of law, and n
by mentalgear 8mo ago
I think a lot of investors are looking at Europe/EU as a safe heaven, because it actually has strong democratic institutions that hold up the rule of law, and not some maddening kind that can tank your investments on his mere whim and a tech/fin oligarchy, eager to please and profit him while keeping the pyramid scheme going (while they build doomsday bunkers in New Zealand), until it all blows in the public's face.
- superze 8mo agoThe rule of law only applies to the peasants here in the EU as well .
- DavidPiper 8mo agoAt the risk of calling you on a deep-cut 2-step pun from your username, I think you meant "safe haven", not "safe heaven" :-)
- ranguna 8mo agoSo you mean I should buy EU"s 2% gross bonds? That will be worth nothing when food increases by 10%. I'd rather lose the 1 point something net percent than do the song and dance of buying bonds.
- mentalgear 8mo agoNo, EU companies.
- ranguna 8mo agoI still feel like I'll get more benefit in reselling canned beans.