I think no one is even arguing about the thesis. We understand that being stronger and richer works well in real world
The discussion here mainly was about if it works well in long run too. Only time will tell 
1 Like
Every empire fell eventually.
1 Like
Tbh Iâve never seen an empire attacking its vital parts this way. I mean a working empire. The similary-named-to-my-nickname did something like that (google great chinese famine). Itâs the inward thing that is weird imho. And attacking partner nations was usually done in a different way to avoid panicking âthe marketâ.
2 Likes
And 160% in 20 years!
4 Likes
And now capital markets are part of trade war
https://www.politico.com/news/2025/04/15/trump-tariffs-trade-china-wall-street-00291026
1 Like
65.5% is the number for all of North America. From the beginning of the year to end of March, US is down from 64.7% to 62.7%.
2 Likes
I believe thereâs a very high chance of Chinese companies being de-listed.
Eh, if youâre worried about capital markets mess Proposed Republican tax change would lead to spike in costs for Canadians who invest in U.S. securities - The Globe and Mail is fun too. Though as usual that someone tabled a law doesnât mean it happens.
PaywallâŠ
Use archive.is
I see no paywall here ⊠. I see no direct alternative source discussing exactly the same sentiment so you may want to try archive.is, but e.g. another article about the law is Legislative update: Ways and Means Chairman reintroduces bill to impose additional tax if foreign jurisdiction adopts discriminatory or extraterritorial tax
1 Like
What does it change for VT? Anyone can confirm that they are no ADR on their Holdings?
Anyway seems that oversimplification of âVT and chillâ is over maybe should I switch to VTI + EXUS + EM IE Fund
I miss the Corona times, you just had to check that website with the numbers going up and up and thatâs it. Now you see so many lies here and there and no clear path for anything at all.
I canât wear a mask to hope that the dollar wonât go down anymore.
I think I might going to sell some USD cash I have lying around. The FX wonât go back. Maybe if @Cortana buys sells some usd?
4 Likes
Better buy assets denominated in USD, thatâd be more productive (thatâs what Iâm doing, doesnât mean itâs right).
Either convert to CHF and take the hit or atleast invest them in US MMF or US bonds to not lose further value
I wouldnât say that oversimplification is over. I think itâs still there
But the way world stock market has evolved, it has made VT very exposed to one country. When world ETF is exposed 65% to one country, it makes you wonder if we can really call it a world ETF.
So yeah if proportion of US in VT is not for your taste / comfort (i am of same opinion), then you might need to split the ETFs to balance the exposure
I did buy some BOXX a while ago with a chunk on a test account. I did check BND and was still too jumpy. MMF is still an unknown thing to me. I did read some posts here and there but it doesnât look that safe. I might have to buy more boxes maybe.
BND is indeed more jumpy, if itâs a short term thing Iâd buy BIL (BOXX is more tax efficient, apparently, but I donât claim to understand it so I stayed away), in fact I was close to buy BIL but then decided to buy ZGLD as I donât want more US/USD exposure than I already have.
BND has a very long duration. You need to hold it for a very long time to lock in the yield.
Indeed! Thanks for correcting me.
I think the concept behind âVT and chillâ is that you own the worldâs market. If money moves out of US stocks and towards other stocks, you still capture the move and arenât worse off. You do loose if money moves out of publicly traded stocks and into other asset classes, though.
Part of the idea behind long term investing in stocks is that over the longer run, money that moves out of publicly traded stocks should regain confidence in them and get back in (another, maybe more convincing part, is that stocks represent ownership of productive companies whose value should go up in time as they produce more things/services).
The reasoning is different if you believe some markets represent other risks that canât be accurately compensated for (like your assets being seized), in which case, âVT and chillâ is probably not the right approach indeed. For full disclosure, Iâd be in Dev ex-US myself, right now (though I donât have investable money so am instead a lucky bast*rd sitting on the sidelines).
1 Like