Re:How This Ends
by neilparikh on Monday May 23, 2022 @01:16AM
(#31475529)
> Japan is the common counterexample.
That only provides a counter example to investing all your money into a single country. Unless you think every stock market in the world is going to do poorly, that's a reason to buy a globally diversified index fund (like VT), so even if American economic hegemony ends, you can pick up on growth of other countries.
Re:How This Ends
by nebula8804 on Monday May 23, 2022 @11:07AM
(#31479965)
Is there really any western country that is "on the rise"? If the US is a poor choice, what else is there? I don't wanna invest in China as that could be throwing money into a black hole. I'm sure I'm not the only one feeling this way.
Re:How This Ends
by neilparikh on Tuesday May 24, 2022 @05:24AM
(#31489806)
> Is there really any western country that is "on the rise"?
Why does it have to be a western country?
> I don't wanna invest in China as that could be throwing money into a black hole.
There are countries other than just Western countries and China: namely, African countries and SEA countries.
There are more signs that the American economic power is just really ramping up.
Like what for example?
For example, the fastest growing economy in my lifetime last year.
It's true that 2021 saw the highest rate of GDP growth in 30 years, but that came immediately after the largest GDP decline in 30 years during 2020. So that can be explained as an aberration due to the pandemic shutdowns and subsequent rebound:
https://www.statista.com/statistics/188165/annual-gdp-growth...
At any rate, GDP growth is currently negative for 2022 and China's economy is still projected to overtake the U.S. in a matter of years.
Re:How This Ends
by hereforphone on Sunday May 22, 2022 @05:24PM
(#31472957)
How long is your lifetime? Does it start with a 2 by any chance?
Japan is the common counterexample. It is entirely possible the stock market will stagnate in the future as the era of American economic hegemony comes to an end.