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Note that the best economies don't always equate to the best performing capital markets. Investors in China lost quite a bit of money during periods of immense growth.

If you don't have confidence in America, you could diversify by holding a portion of money in indexed international funds. But be careful, no one can predict the future! Best to hold a little bit of everything.

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Yup. The "great" thing about the US is that it's a large developed country with a strong rule of law, but at the same time also perhaps the most corporatist country on earth, allowing companies to act with impunity and lobby when needed, all of which leads to big and sustained profits.

Compare this to, e.g. Europe.

>with a strong rule of law

Not so certain these days.

Can you give an example of a better-functioning legal system?

Canada? Switzerland?

Better examples aren't as easy to come by as cynics think. I think the problem they see is that it's worse than it was ten years ago, rather than that it's worse than most other places.

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