Von der Leyen: €300 billion in European savings flown overseas every year, primarily to the US, will be invested in Europe from now on. All 27 EU states agreed to establish the S&I Union, a step toward the full Capital Market Union

[u/paneuropeanism_]

https://streamable.com/4h43qk

[u/badaharami]

I mean when most people invest money they don't think first about "Oh I should think about my country's and continent's economy." They care about their own ROI first. And whatever you say US companies do have a much higher yield when it comes to ROI. Especially US tech companies. That's what capitalism does.

[u/gotzapai → u/badaharami]

Yes, it's in the name: CAPITALism.

We, the EU give the capital (€) to them so no wonder they can use the power of money to make more money LOL

[u/Dd_8630 → u/badaharami]

I mean when most people invest money they don't think first about "Oh I should think about my country's and continent's economy."

They absolutely do. Millions of people make choices about where their pensions, ISAs, and other investments get used. Many people choose environmental funds, or funds that stay in their own country.

People absolutely do sacrifice return for other interests.

[u/CuriousButNotJewish → u/Dd_8630]

Environmental funds are still a very niche kind of ETF.

[u/niteninja1 → u/Dd_8630]

the vast vast majority dont though

[u/badaharami → u/Dd_8630]

Lol if that was true Ursula wouldn't be here asking EU citizens to invest within Europe.

[u/Sxualhrssmntpanda → u/badaharami]

Please tell us more about this mysterious "capitalism"!

[u/badaharami → u/Sxualhrssmntpanda]

Go back to school then.