Oddbean new post about | logout
 So Germany lost half of its stock market value, as a percentage of world market capitalization since 2008.

Trades like a shitcoin.

nostr:note1afjh8kr7p5pcysr0sa8cwef4ztavwwn9rpmj2q5r3fd48qhwdwmqeskvjd  
 How to turn a county from one of the healthiest economic countries in Europe in under 20 years? Give up your currency backed by gold and install NGO muppets as leaders.  
hh | 9 days ago (raw) | root | parent | reply | flag +1
 Any rational investor, even if we ignore a fundamental analysis (which would easily determine that German/EU companies are SHIT because that's what they produce), would be insane to invest in anything European, with our predatory, destructive, anticapitalistic fiscal and economic policies.

If I have money, Europe is the last place I will park it in, even if I have to pay exit taxes and penalties. In the long run it's worth it. 
 I think Germany will be great again but it's going to require a purge. I think it'll be sooner than we think but longer than necessary.  
 Everytime when Germany tries an "exotic" government, next time they return to the so called "great coalition" between the former 2 larger left and right parties. This will likely happen again in February, if they get enough votes this time around.  
 *Center-left and center-right, as we also have more extrem left and right parties that are growing stronger by the day. 
 It's a bubble 🫂💜