| > Which countries do that? Every single one invests in government bonds with a large allocation. Aside from the pure ponzi scheme ones with no actual fund where its money in -> money out. Also, if Europe stopped investing in US equities their pension insolvency problem would get about 2-3X worse given US equities have far exceeded EU equity returns over the past 20 years. > Brain drain is happening due to bullying and fascism. The extend of longterm danage of current administration is unclear. Huh? Did you even see the headline of the 1991 article I linked? Brain drain has been happening because of everything I listed which has been true for decades. Europe couldn't come up with a relevant company in PCs, Operating Systems, Internet 1.0, Social media, Mobile, AI, etc. None of it is due to the current administration. > Bollocks. I have been in Berlin and Munich various times past decades, and people there speak English very well. Yes, and while you were traveling to tourist capitals occasionally I've been actually living in Europe. Your perception is not the reality the average German person lives. The problem isn't that the smartest Engineers in Europe don't speak english. The problem is that the average person in the markets they would sell into don't speak a common language. Kind of hard to cut deals and build a brand among 27 different insular, hyper nationalist markets in a bunch of languages you don't speak with completely different regulations. |