/biz/ - Business & Finance

Europe and Germany are dead in the water economically.

>>57732840
Germany just became the third largest economy in the world, anon

>>57732852
around germany is economically strong too. everybody laughts at the E.U but they are still doing pretty good. if only the U.S.A didn't blow up nordstream.

>>57732814
I follow Bogle's advice and invest 100% US

>>57732852
Germany needs a piss poor amount of 70GW on a weekday, trend going down. Despite having nearly 80 GW capacity in windmills and sun suckers, at a good day they produce a 40 GW. Germany is no industrial nation anymore - it doesn't have the capacities necessary to produce after 1998

>>57732840
this

>>57732814
because US has tech stocks which naturally have higher PE as they're growing.

Germany? All production in Germany is about to shut down. It won't matter so much for the DAX companies as they can build anywhere, but a lot of SME enterprises will go belly up and they're the ones that supply the DAX companies, so... as bankrupcties of these smaller companies start to unravel in 2024, the trouble for Germany has just begun

>>57732840
exactly and this is coming from a europoor

>>57733002
True
People are sleeping on Europe
The german DAX just reached an all time high and is still dirt cheap

>>57732814
They're called europoors for many good reasons.
Funny example: the largest company Linde left the Dax last year because Germany and the EU have rules that force a company to dump their stock if it exceeds 10% of the index.

https://qontigo.com/linde-to-be-removed-from-germanys-dax-benchmark-on-feb-27/

>>57732814
Still highly correlated with the US stocks so limited diversification potential and limited upside with all Europe's issues. What's the point? A weak economy, weak companies and only growing weaker day by day.

>>57732814
Because European governments are determined to cripple European companies.

>>57733156
>Funny example: the largest company Linde left the Dax last year because Germany and the EU have rules that force a company to dump their stock if it exceeds 10% of the index.
Oh god, this is so fucking stupid it hurts. But yeah, not surprised at the least, we do shit like that in Europe all the time.

Le equality, le progressive taxes, le keep big corpo in check, le Europe's largest tech company has a market cap of $230 bill(Accenture tier, lol).

>>57733002
>they are still doing pretty good. if only the U.S.A didn't blow up nordstream.
that's why they blew it up

>>57733002
>>57733298
and why didn't europe do anything in response?

But I do
SAAB-B.ST has been good to me recently.

>>57732852
>Germany just became the third largest economy in the world, anon
They're still $200 trillion behind Japan. Any jump in Germany's GDP is increased spending on welfare, not actual economic productivity.

>>57733322
Because they're still dependent on the US for protection since Europe no longer has a military industrial complex.

>>57733171
>weak companies
kek
these are world leading companies, anon

>>57733427
and why would anyone in their right mind invest in a market that is dependent on another superpower with different interests?
fucking europoors lmao

>>57733463
because they can invest in companies that are not directly involved with government affairs and still succeed europe is an amazing continent with a diverse economy consisting of companies that have their own values and interests to suggest that investing in european companies will always go south because of their dependency on another superpower is foolish and myopic

>>57733491
If US pulled out of NATO all those amazing and diverse companies will get blown up at worst or forces to pay a 50% tithe to Russia at best

>>57733437
>Chemistry
bro, its not the 19th century anymore, you're either a king in Information Technology or you're a nobody, chemistry, energy, automotive all these are poverty trades and anyway the US has a massive edge in energy and even the automotive now

>>57733491
lmao
all it takes is for the US to decide that europoorland isn't worth it anymore and all of thag will go to shit

>>57733542
I mean I agree Europe is irrelevant but without chemical industries you don't have Circuit boards or microchip doping/etching or anything. IT is entirely dependent on chemistry.

>>57733414
>They're still $200 trillion behind Japan
what?
no

>>57733591
Then obviously Europe isnt irrelevant, as Europe has the biggest chemical companies

>>57733625
I guess I mean irrelevant as a safe and stable way to grow your money. Until the brain drain stops the US is untoppable

>>57733682
Its very safe and stable, though>>57733133
The Dax just reached another all time high

>>57733591
>IT is entirely dependent on chemistry.
Yes it is, I'll tell you more, everything is dependent on chemistry, half of us would die if not for medicine etc, etc, but that's not the issue there. Yes, IT is dependent on chemistry doing X but then guess who's making the most of it all. It's not the chemistry companies who are taking the fattest profit margin.

We're all dependent on food but it's not the agriculture companies who are the world's richest and most powerful.