Boycott US
Overview:
The community dedicated to boycotting the US until they stop fascism, restore full democracy and start following international law.
Americans have a moral obligation to resist Donald Trump and project 2025 at every turn.
America is a flawed democracy currently being ruled by oligarchs. Stop the backslide! Dont let America become the next Hungary.
America needs to challenge the court rulings of citizens united v. fec and shelby county v. holder, protect the media, implement independent district drawing, and the single transferable vote so they don't end up having people stay home in life-changing elections because they cannot vote for their favourite candidate.
Join 50501.chat to fight back!
Related communities:
Boycott:
!buycanadian@lemmy.ca
Activism:
!antitrumpalliance@lemmy.world
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Sure but I don't exactly trust moving my money out of the country into a jurisdiction that might outright steal it or where it could be impounded by the US administration if I ever tried to bring it back. Otherwise I'm game for trying to invest in Chinese and Korean markets.
yeah I would recommend actually look into emerging market funds lol, there's absolutely no chance of any of that happening. most of the funds I'm in are managed by Western companies
With the current government, would you really put it past them to do the very same?
They might not just take it, but if the US economy crashes, the ultra rich will survive, but your savings will be gone.
Buy an ETF that's adequately diversified in emerging market corporations and you'll be fine. Many of these are heavier on Chinese stocks if that makes you feel better.
Even VWO as another user has mentioned is mostly Chinese. The Indian exposure is to Reliance, ICICI and HDFC bank which are large cap, stable institutions that have existed for decades and do business with global partners.
I'm sure most here know this but with stocks / ETFs its all about diversity. I invested in a Chinese stock (BYD) this year right before they started a price war and allegations came out that they were cooking their books. They're still way behind on paying their suppliers. So that hasn't been particularly pleasant for my portfolio.
Something like this:
https://investor.vanguard.com/investment-products/etfs/profile/vwo