re: Is everyone about to lose their shirt in this economic fallout?

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So in your opinion, when those international domestic indexes that are currently tracking very similarly to ours now have broken from it substantially in the past, or do so in the future, what do you think the reason was?

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It's a dependency by degrees of intensity. If we run inflation of 3-4% for a month or two then it drops back to 2%, it's not going to have an impact on other countries. However, if we were to run a $1M stimmy to every US citizen next week, the world economy would crash not long after our own did (this doesn't even get into the impact from so many countries owning so much US debt).

Again, this is what happens when your currency is the prime reserve currency for international trade and your country is the main economic engine for the world economy.

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Considering that the standard guidance is that exposure to international markets grants diversification benefits, your position that foreign markets simply track ours would fly in the face of that.

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Just like with anything else, it depends on what you're buying, when you're buying it and what's going on at the time.



BSC may have seemed like a great diversification idea for someone in August 2007, if they weren't paying attention to what was going on. Smart diversification is the idea, not just throwing your money at random things.