— more likely hegemonic decay and worries over future government liabilities are a major cause.'
paywalled:
America's hegemonic glory is under threat
https://www.ft.com/content/1f088eae-d116-4eca-93b8-283a4695ce71
Paywalled
But yes, I think so. I still have half my savings in US stocks and bonds. I pondered rebalancing ore away from the US this winter but that would have violated my principle that in most markets, the best action is no action. And my other principle which is that I saved money and keep expenses reasonable precisely so I don't have to think about my money. I'm very interested in the economy, but very uninterested in the stock market as it pertains to me.
I'm curious where non-US members invest their savings and how?
In other words, if you're in Denmark or Canada, what's the equivalent of Vanguard (I.e. low cost index funds that index a lot of the market)
Maybe that needs to be a new thread with a CTA in the subject