An estimated €37 trillion is sitting largely idle across the European Union. Why aren't Europeans investing more, and what would it take to unlock that capital? #TheBigQuestion
“It’s more the fact that in America, because you don’t have state guaranteed pay-as-you-go pension schemes, anyone who works and who needs to think about his old age needs to directly be engaged in thinking about investing in capital markets.”
Ah yes, famously something we really love in NA. A system that gave us 50% pop with no retirement savings across US and Canada. You def want that!
Serious - not saying integrated capital markets aren’t needed but the NA neoliberal pension model is not something that’ll encourage social stability.
European countries are not imitatng the Anglo model but the Scandinavian model. It’s like high return retirement savings combined with social equalisers
I really hope you don’t let them imitate it, cause this didn’t happen by accident over here. There’s a lot of money to be made by the finance sector if people are forced to put their pensions into the capital markets. And this isn’t me just babbling from the other side of the Atlantic in abstract. I hold an EU passport and I sincerely hope shit doesn’t turn like it did here.
Ah yes, famously something we really love in NA. A system that gave us 50% pop with no retirement savings across US and Canada. You def want that!
Serious - not saying integrated capital markets aren’t needed but the NA neoliberal pension model is not something that’ll encourage social stability.
European countries are not imitatng the Anglo model but the Scandinavian model. It’s like high return retirement savings combined with social equalisers
I really hope you don’t let them imitate it, cause this didn’t happen by accident over here. There’s a lot of money to be made by the finance sector if people are forced to put their pensions into the capital markets. And this isn’t me just babbling from the other side of the Atlantic in abstract. I hold an EU passport and I sincerely hope shit doesn’t turn like it did here.