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thow-58d4e8b | 3 years ago

Because in the US, money has nowhere else to go. Stocks? Wildly overpriced. Real estate? Wildly overpriced. Bonds? Zero returns. Mineral extraction? Risky outlook. Energy sector? Subsidies are likely on the horizon, better to wait. Infrastructure? NIMBYs

That's not the case for the EU. Money gets reasonable returns in energy sector, industry, any investment in Eastern Europe, tourism, PPP infrastructure projects, etc.

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mardifoufs|3 years ago

Is this a joke? European banks are much much more yield starved than their American counterparts. Your bonds have negative yield and pretty much every type of investment is more profitable in the US than in Europe. That's why big EU banks like Deutsche Bank or Credit Suisse have been severely underperforming, and thats why housing bubbles in Europe are much more severe (Spain, Greece, Portugal, etc)

You are literally describing the opposite of the truth.

mschuster91|3 years ago

> and thats why housing bubbles in Europe are much more severe (Spain, Greece, Portugal, etc)

Nothing, not even the Londongrad bubble, is as excessive as the US housing crisis.