Buy European

3527 readers

2061 users here now

Overview:

The community to discuss buying European goods and services.

Rules:

Be kind to each other, and argue in good faith. No direct insults nor disrespectful and condescending comments.
Do not use this community to promote Nationalism/Euronationalism. This community is for discussing European products/services and news related to that. For other topics the following might be of interest:

Feddit.uk's instance rules apply:

No racism, sexism, homophobia, transphobia or xenophobia
No incitement of violence or promotion of violent ideologies
No harassment, dogpiling or doxxing of other users
Do not share intentionally false or misleading information
Do not spam or abuse network features.
Alt accounts are permitted, but all accounts must list each other in their bios.

Benefits of Buying Local:

local investment, job creation, innovation, increased competition, more redundancy.

Matrix Chat

Related Communities:

Buy Local:

[email protected]

Buying and Selling:

[email protected]

Boycott:

[email protected]

Stop Publisher Kill Switch in Games Practice:

[email protected]

Banner credits: BYTEAlliance

founded 1 month ago

MODERATORS

[email protected]

Sweden: Banks and the common people is selling of US investments and reinvest it in Sweden (www.expressen.se)

submitted 7 hours ago by [email protected] to c/[email protected]

1 comments fedilink hide all child comments

Net withdrawals from North American and US funds totalled SEK 13.7 billion, banks and households combined. This is the highest figure since 2010, when data started to be collected.

At the same time, net deposits in Swedish funds totalled SEK 22.7 billion - another record high, according to TT.

‘It is clear that Swedish households have reacted strongly to the new US administration's turbulent policies, which so far have included trade wars and actions that have turned a lot of what we previously took for granted upside down,’ says Stefan Westerberg, private economist at Länsförsäkringar, which has compiled the total equity fund savings in Sweden, both among private savers and banks, during February.

top 1 comments

sorted by: hot top controversial new old

[–] [email protected] 8 points 4 hours ago

I keep hearing news about Sweden and keep being more excited I'm leaving the US to go live there. I will also be joining you all in withdrawing funds from US controlled sources soon as I get a personnummer and can open Swedish accounts