Subject: Re: War, currencies and jurisdictions
From a "War in Europe scenario" I see the US as a much safer place than having my money in German, French and Irish banks (European IBKR customers are customers of IBKR Ireland). Regarding moving money I am therefore currently only thinking about moving more to the other end of the world, to New Zealand. Not just because of currency diversification, but because of geography/jurisdiction, as those monies are held at a bank in NZ (where I once lived, am still every year for several months, and am tempted to move again for good).
Your concerns mirror ours, except that we are also concerned about NZ/Australia given the threat of China. There seems to be nowhere to go, so we stay put, mired in analysis paralysis, 50/50 USD/stocks. I have no clue as to what is the better course of action, never mind the best, so inaction seems to be the route we are taking.
IP