GPD per capita is significantly stronger in the USA than the EU. Over the past forty years, growth in the USA has been not only been strong, but stable (practically linear.) The EU is a very different story.
My point is, I don’t think it’s fair to justify calling the US equity markets “gambling” by comparing them to the EU which is a totally different horse.
My point is, I don’t think it’s fair to justify calling the US equity markets “gambling” by comparing them to the EU which is a totally different horse.