> In Europe, people hold cash at negative interest rates because they have so few new ideas and so little innovation to invest in. Where exactly do you think the money will go?

BRICS, apparently

> In Europe, people hold cash at negative interest rates because they have so few new ideas and so little innovation to invest in. Where exactly do you think the money will go?

That's a bit reductive, in Europe there's a much bigger culture of saving, most people I know here are very averse on taking debt if unnecessary, only going into debt for large purchases like a house or a car. Even for cars I see many outright purchasing a used one in cash instead of going into financing/leasing.

People hold cash but also invest, it's savings in general that are high, varying between 10-25% of yearly income saved (compared to the US's ~5%).

I think this narrative of "so little innovation" is peddled very much in the software-adjacent circles but it forgets that innovation is not only from software, if you really think Europe has no innovation you are either ignorant or purposefully fostering a bad narrative. No, Europe doesn't have the VC industry, and the software companies' culture of the USA, it does innovate with a different model.

> If you insist on believing the US economy will crash without a well thought out thesis, I think that’s a beautiful thing. When you sell your positions on US companies, I’ll gladly be on the BUY side of that order.

Please do, as I've been cashing out throughout this year anything that has any direct exposure to the USA stock market I need people like you on the other side, thank you very much.

You comically self contradict yourself. If it was lack of ideas to invest in that drove holding of cash at negative interest rates, then what stops the european from just buying us stocks? US collapse is inevitable, until its NOT…