/biz/ - Business & Finance

>>27123557
>inb4 shouldn't I buy ERIC instead?

Technically speaking, you might be right, since ERIC is a better performer. In fact, we never told people to *avoid* ERIC. By all means if you are into diversifying, make sure you get a slice of that and maybe even some LAC for the lithium market that's gonna get involved.

However, there are several reasons our efforts are *not* focused on ERIC:
>Finland has Euro, Sweden doesn't. Of course Ericsson is a multinational, but it feels a bit like buying silver in Britain after the failed Brexit deals. Also, most EU buyers just wanna keep it simple. And US buyers have a better go at EU / USD switching, especially considering the market of choice for our plan is not technically NYSE, but EPA
>ERIC is Swedish and it is one of those countries that has failed to properly manage Covid-19. Some countries had more deaths, but Sweden took shameful in the face of scientists. This is pitiful even if you think covid-19 is overall a nothingburger since they literally pressured some top scientists out of the country and experienced more deaths than it would be reasonable to believe. Finland did way better.
>Some people just don't like SWE. They are imperialist (FIN has always been the underdog, the little brother), they have everything up their arse. Also, they are driving a major flow of migrants into their own country. I have my own opinion on the propriety of such migration politics, but let's say some of our buyers would rather have FIN than a melting pot of dubious wannabes.
>True enough, betting on Finns means you alienate some Russian anons. However, people in St Petersburg know better about Finland and anyway you always need to factor cosmetic preferences when making a plan. Ppl seem to be more at ease with Finns

Finally, and most importantly:
>NOK is solid but had a troubled history. It is not expected to be good on 4th Feb. That is, differently from ERIC, it sounds like a good honeypot for hedge funds