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Reply to "Why is the US stock market so lucrative?"
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[quote=Anonymous]It can be traced back to the Bretton woods institutions. The US was incredibly smart in being the lead architect of the world economy post WWII. We built a system that we are in full control off. We made our currency the world currency. We build the financial system on US technology. We are also extremely spiteful. We will never expect a situation where the rest of the world prospers and we suffer. We will crash the entire system just so everyone goes down with us. Look at how some Americans take their angers on their innocent colleagues when laid off? This is why we are a rich country. When a business signs a contract in Malawi, they would prefer the terms be in USD for stability. So the central bank in Malawi is obliged to hold a lot of USD. [/quote]
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