• Pip@feddit.orgOP
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    3 days ago

    This is the kind of neoliberal ideology Europe suffers from. It’s not individuals making these investment decisions.

    • jenesaisquoi@feddit.org
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      3 days ago

      People aren’t deciding to leave their money in their bank accounts? I don’t understand what you’re saying.

      • Pip@feddit.orgOP
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        3 days ago

        Europeans have to put a large part of their money into a system with pensions and insurances. The organizations that handle those savings then make the decision on what to do with them.

        • jenesaisquoi@feddit.org
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          3 days ago

          Ah yes, but they invest it? In my country it’s even a problem that there is such an immense amount of capital in the pension funds, that they must invest it in safe assets, that they drive up prices of real estate to unreasonable levels