We have had 2 assassination attempts on someone running for the highest public office in the country in 3 months. One of the people currently running for office who has a chance at winning tried lost the last election they were in and then tried to take over the government by force.
Our country is not stable.
I would much rather invest in a more stable country like Sweeden or Switzerland.
Politically, maybe, but economically, the US remains a major powerhouse, and if nothing else, that might be the sole factor that makes them try to keep things stable.
It’s one of the few things much of the wealthy and the not-so-wealthy tend to both want, particularly for those who have a decent amount of wealth tied up in the American market, and a fair amount of money might be spent to that end.
But a lot of european countries are pushing pretty hard to not borrow and have a zero balance or positive budget.
So e.g. Switzerland don’t sell that many bonds and yield on a lot of them is 0.5%, maybe 2% on long term ones vs around 4% for US ones.
So I know this is satire but I wouldn’t buy a us bond. I would much rather buy one from a stable country.
The US economy is like the most stable economy in the world. And they don’t double tax you, depending on where you live and the tax treaty.
We have had 2 assassination attempts on someone running for the highest public office in the country in 3 months. One of the people currently running for office who has a chance at winning tried lost the last election they were in and then tried to take over the government by force.
Our country is not stable.
I would much rather invest in a more stable country like Sweeden or Switzerland.
Politically, maybe, but economically, the US remains a major powerhouse, and if nothing else, that might be the sole factor that makes them try to keep things stable.
It’s one of the few things much of the wealthy and the not-so-wealthy tend to both want, particularly for those who have a decent amount of wealth tied up in the American market, and a fair amount of money might be spent to that end.
But a lot of european countries are pushing pretty hard to not borrow and have a zero balance or positive budget. So e.g. Switzerland don’t sell that many bonds and yield on a lot of them is 0.5%, maybe 2% on long term ones vs around 4% for US ones.
There is literally a gang war going on on the streets in sweden. How does that count as stable?
Oh and 3 seconds on Google proves you wrong. Switzerland is the best and most stable economy and country in the world… again. https://www.usnews.com/news/best-countries/articles/2023-09-06/steady-switzerland-is-once-again-the-worlds-best-country
It’s almost like not starting a war in 500 years and being as neutral as possible lead to being a stable country.