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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Take my opinion with a grain salt. But if emerging markets keep doing well, we will do everything possible to tank them. The US is not comfortable being #2 in anything. I wouldn't touch any emerging market etf because trust me -40% is not as impossible as you may think.[/quote] The US would KILL to be #2 in anything. We're not even in the top 10 in most things anymore. What's that line from the newsroom? We lead the world in only a few categories: Number of incarcerated people per capita, number of adults who believe angels are real, and military spending. [/quote] Tell me one country that has as much capital as we do?[/quote] The PP won't be able to name one. The market capitalization of the US is four times that of the next highest country, China (as well as the EU countries as a group), and is equal to the market capitalization of the fifteen countries with the highest capitalization after the US. https://en.wikipedia.org/wiki/List_of_countries_by_stock_market_capitalization[/quote]
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