Would be interested to know how this was computed. I guess this was a kind of survey and if so, based on the question: are proud of the US army or are you supporting us army action around the world then I wouldn't be surprised to observe difference.
Couldn't find detailed questions for the study, but it says they literally asked for their level of confidence
> In each survey, we asked respondents about their levels of confidence in a host of American institutions, as well as their personal policy preferences, their views on the direction of the country, their support for particular democratic norms, their use of social and traditional media, and a wide range of other questions.
Asset management business model in needs of clear reassement. There is clearly a lack of concurrence combined with high fees.
Moreover, the sector has in a recent years seen an inflation of legislative obligation impacting their costs.
I only know Cramer from the fun and others meme is been the originator. But that statistics should be taken with caution. Being long equity since 2008 was not really a proof of creating a alpha ( aka adding superior return than the market).
That's the long term low interest rates environment that incentivize W Buffet to make his famous 10 years long sp500 won't be beaten by any HF.
Though the problem is well known (at least for 40 years),
No french governments has considered diversifying the source of the revenue funding the pension system. Actually its worse as the only capitalisation existing are in a process to be nationalised.
Moreover, this reform is purely the outcome of political game. Macron electorat is mainly the 'boomers' who fully beneficiated of th situation ( in fact their pension are impacted despite having higher wealth than the majority of the workers).
I personally would consider a reform only if there an effort requested for everyone.
Yes, that's what I've done for about a decade now, and apparently more and more people do as well (abstention is record high).
The thing is I distrust big corporations almost as much as I distrust big government, but at least, it's easier to move to a different company when one of them really sucks, provided there's a bit of competition.
With governments, there's no such thing, you're stuck with them for 5 years, and their power only keeps growing.
The French gov, like most others, basically only seeks more money and power over society. Whatever the ruling party.
The current system requires more workers ( with decent salary) than number of retirers...
Given the population if getting older this creates an a very prévisible imbalance...
there are enough. there are using statistical models to predict that we wont have enough in the coming decades.
a biased model that is financed by private pension funds and led by mckinsey…
I have a very simple way to make enough funds to maintain current retirement age : increase our salaries. france income per capita is the same for the past 20 years, if you raise salaries it will raise how much money goes to pension funds. problem solved
your made in china tv or your fruits or even cars made in morroco will be greatly impacted by a raise in french salaries. butter in france rised 50% thanks to energy war. one can argue raising salaries will never reach that level of crazy.
Same reason as most other countries - reversal or population age pyramid because they’re of baby boomers generation being more populous than younger ones. Soon there will be more retired baby boomers than gen X and millennials working so there will be less money going in to pension funds than going out.
The withdraw from the $59 trillion Net Zero Asset Managers initiative shows somehow a little more nuance than the current doxa. Like it or not, this echoes the comment from former HSBC manager fired few months back for raising his own view.