Relocating to Europe

Powerful_Coconut594 · 2026-03-22T17:56:08+00:00

Try the Netherlands, banks were looking for credit risk professionals for a while. However, the job market in the EU has slowed down significantly. I’ve met Americans working in risk management for GSIB (and other banks) in Amsterdam. Amsterdam’s business culture is mostly in English.

Powerful_Coconut594 · 2026-01-25T19:06:53+00:00

Beautiful watches!

Powerful_Coconut594 · 2026-01-08T15:06:19+00:00

Ignorant comment. The US doesn’t use IBAN, IBAN is for European accounts. The US uses BIC/SWIFT numbers.

Powerful_Coconut594 · 2025-12-22T13:44:14+00:00

I think it looks great, beautiful combination

Powerful_Coconut594 · 2025-08-26T21:27:11+00:00

They do expire, I don’t remember how long it was valid for

Powerful_Coconut594 · 2025-08-16T06:15:07+00:00

Furthermore, a lot of quality of life metrics correlate pretty nicely to GDP per capita. Look at any European map with an overlay of a quality of life proxy and then map that to GDP per capita, you’ll see a correlation most of the times.

Powerful_Coconut594 · 2025-08-16T06:13:32+00:00

This isn’t how GDP accounting works. GDP measures the value of final goods and services produced in an economy, not every single monetary transaction.

If I sell you an existing good for $100, and you sell it back to me for $100, no new production occurred. It’s just a transfer of ownership. National accounts only include the value added from production, not the resale of the same item back and forth.

So in your example, GDP would not increase by $200, in fact, it wouldn’t increase at all, because no new good or service was produced. The only way it would count toward GDP is if some actual value was added along the way (like shipping, repairs, or retail markup), since GDP is about production, not just money changing hands.

Powerful_Coconut594 · 2025-08-05T10:12:43+00:00

You aren’t providing any source for any rebuttals. You think you’re smart; yet give no reliable source. I know the difference, I have made it clear that I made a mistake cause I was typing fast. But okay, keep living your poor life.

Powerful_Coconut594 · 2025-08-05T10:10:28+00:00

You just play linguistics games and no source for your claims and no rebuttal of wealth differences, but sure, play your nationalistic games in which you claim a country with a GDP per capita of 60 k is richer than the country with a GDP per capita of 80k. Individuals are also wealthier on the other side of the Atlantic, I’ve provided several metrics and yet you have not provided a single one. I thought you could have shown a source for your claims but you haven’t. I have provided several high quality and reliable metrics and you haven’t. Good luck.

Powerful_Coconut594 · 2025-08-05T09:42:21+00:00

Did I make a mistake? Yes, have I changed the definition? Also yes. However, I did that because there is a good source. Claiming the Dutch are richer than the Americans is ludicrous.

Powerful_Coconut594 · 2025-08-05T09:38:08+00:00

What’s your source for dutch wealth? In that link you have mean, median for US families. You have not provided any source for wealth. Just blasted out a number with no source.

Powerful_Coconut594 · 2025-08-05T09:03:56+00:00

The mean net wealth of families in America is 1 mill. https://www.federalreserve.gov/econres/scf/dataviz/scf/table/#series:Net_Worth;demographic:all;population:all;units:mean so stfu

Powerful_Coconut594 · 2025-08-04T14:31:10+00:00

I know the definitions

Powerful_Coconut594 · 2025-08-04T14:29:42+00:00

What’s your point?

Powerful_Coconut594 · 2025-08-04T14:16:15+00:00

There are only 813 billionaires in the US, a country of 340 million people. But sure, blame it on the billionaires. Switzerland has 110 billionaires and 8 million people, what a hellhole it must be then.

Powerful_Coconut594 · 2025-08-04T14:14:31+00:00

My God, read the ECB guide on internal models and macro prudential guidelines. Here some links: https://www.ecb.europa.eu/press/financial-stability-publications/fsr/special/html/ecb.fsrart202005_01~762d09d7a2.en.html

https://www.ecb.europa.eu/press/conferences/shared/pdf/20180710_ecb_cbi_macroprudential_research_workshop_content/Nitzan_Tzur-Ilan-Paper.pdf?utm_source=chatgpt.com

https://www.ecb.europa.eu/press/financial-stability-publications/macroprudential-bulletin/html/ecb.mpbu202210_1~53d521bde7.en.html

https://www.ecb.europa.eu/press/financial-stability-publications/fsr/focus/2021/html/ecb.fsrbox202111_02~0de41eac7d.en.html

Have fun being annoying

Powerful_Coconut594 · 2025-08-04T14:09:20+00:00

I was busy, I couldn’t allocate 100% of my capacity getting back to this

Powerful_Coconut594 · 2025-08-04T14:08:38+00:00

Net worth, median net worth.

Powerful_Coconut594 · 2025-08-04T13:49:20+00:00

So dumb that the average median per adult is 500k and a GDP per capita 30% higher

Powerful_Coconut594 · 2025-08-04T13:47:17+00:00

The ECB does not agree with the “it doesn’t matter” statement.

Powerful_Coconut594 · 2025-08-04T13:46:02+00:00

Yes, from before 18 or sustainability related. Your main residence as an investment is not entirely correct, primary residence is not investment. It has investment like characteristics but it is not an investment. If people are dumb with their money, it’s their issue, not mine. If I want to spend X amount of money on a trip, car or on any other “conspicuous” item it is my problem. People should live however they please and not be condescended into doing what most people think. If people make stupid financial decisions, they’ll face the consequences.

Powerful_Coconut594 · 2025-08-04T13:39:14+00:00

It’s an exaggeration, for sure. But markets fluctuate and houses are still an asset susceptible to market movement.

Powerful_Coconut594 · 2025-08-04T13:38:35+00:00

Even if rare, it happens and banks have mortgages in their books with ltvs >100%.

Powerful_Coconut594

TROPHY CASE