Which country? Europe is worse-off than America, China likely has their own bubble. Japan has been in a funk for 20 years. Russia has recently been cracking down on political freedoms in a worrisome way, there's no guarantee that you'll be able to take your money out once you put it in. Same for many Latin American countries.
If I'm reading it correctly, that risk-free return rate is only available to resident Indians. In addition, even if international investors would be able to access it they'd be adding currency risk to the equation.
Yes, and Yes. I quoted the risk-free rate to give an idea about the economy and its risk-level. Equity market here can be expected to give decent returns (~15%). I'm not sure about the citizenship requirements but the equity markets should be quite open.
Initial citations/qualifications still needed and citations for these new claims needed as well.
The countries you listed (aside from Greece of course) are having some issues, which they are addressing. So what. From where I sit (live in Europe, have family and friends still in the US) the US looks much worse off.
The initial argument was that investing in Europe as opposed to the US wasn't going to get you anywhere. While we could debate ad-infinitum which economy is "worse", the point stands.
It's easy to establish that Europe is in at least as bad a position as the US. Your point as to Switzerland's health points exactly to why many (including myself) think this means that it is actually worse overall: Because of the Euro, each of these problem countries can't control their own interest rate, and so the likelihood of actually defaulting is greater.
That what is actually worse overall? Europe or Switzerland? Switzerland isn't in the EU and doesn't have the Euro. It's true they've bought a lot Euros to try and keep the Franc down but they've bought a lot of US dollars as well (for the same reason).
