Veeky Forums, I want to short the Swedish stock market

RumChicken
RumChicken

Veeky Forums, I want to short the Swedish stock market.

I just got back from studying finance in Stockholm. They're fucked.
Their culture surrounding work ethic is extremely lazy, coupled with extreme consumerism/materialism
Their business academics are completely noncompetitive. I took an "intermediate" level finance course and I guarantee a high-schooler could ace the final (this is at a premier business school in stockholm)
The main nail is the coffin is their immigration policy however. Undeniably unsustainable, with far-reaching long-term social and economic consequences.

Nothing that they're doing is conducive to economic growth.
I know that the OMX30 will crash eventually. The problem is, I don't know when.
What's the cheapest way to short the OMX30 for the very long term?

All urls found in this thread:
http://people.uncw.edu/kozloffm/glubb.pdf
http://people.uncw.edu/kozloffm/glubb.pdf
http://dailycaller.com/2016/06/01/sweden-took-162k-refugees-last-year-494-got-jobs/
PurpleCharger
PurpleCharger

Good idea

Stupidasole
Stupidasole

Why do you think that the market will plumit after your visit? If that is how they work, don't you think the market adapted to that behavior already? It's not like anything new, right?

whereismyname
whereismyname

bump

Stark_Naked
Stark_Naked

@Stupidasole
very this. working ethics don't just change over a few years.

however, the immigration problem is a thing

Lunatick
Lunatick

i just jumped out of anoto with 20% losses. sweden is a dying "nation" and can blame themselves for it. im afraid their muslims and niggers will one day flood my precious finland when welfare system collapses in sweden. we need to build a wall on sweden border and place naval mines on baltic sea

MPmaster
MPmaster

@Stupidasole
valid point. My line of thinking is that the OMX30 is viewed by people/funds who either
a: are swedes/europeans and view the macro economic changes are par for the course
b: international investors who have never actually lived/worked/studied in sweden and assume that they're competitive

It's my understanding (based on conversations I've had) that most swedes in hs/college genuinely believe that sweden is competitive globally and that everything they're doing on a macro level is brilliant compared to other countries.

Also another barrier to economic growth:
swedish banks/funds only speak swedish, and won't typically do business with you if you don't speak swedish

happy_sad
happy_sad

@MPmaster
most swedes in hs/college genuinely believe that sweden is competitive globally and that everything they're doing on a macro level is brilliant compared to other countries.

Don't we all think that about our country? I bet even niggers in some niggertribe think they are the best country ever.

hairygrape
hairygrape

@happy_sad
perhaps but I bring it up to address your previous post, asking if the market already knows about their failures. My point in saying that is that most people/businesses (therefore the market) don't know that their country is failing them

Gigastrength
Gigastrength

@hairygrape
If you think they are failing more than other countries you could go short on the coin.

Techpill
Techpill

Hey OP, do enlighten us more on their culture stuff etc. What's wrong with their immigration policies? Sorry stupidfag here, just wanted to know more. Used to have very good opinion about Europe.

Methshot
Methshot

@Gigastrength
yeah I was considering that, shorting the Swedish Kronor could be the cheapest option, and I could get some insane leverage doing that. Despite being in the EU I've never seen/heard of poeple using euros there. Everything is in kronor

Sharpcharm
Sharpcharm

@RumChicken
Similar situation in japan, but the crash won't come.
At least not when you expect it.

Emberfire
Emberfire

@Techpill
Sweden's history goes a little like this:

started as a feudal system with peasants and nobles, and the church in power
people were poor, sick, and miserable, and anyone with money/power just moved away to go to paris/london
only the poor rural people remained who couldn't afford to leave
Alfred Noble (swede) discovers dynamite, and a few industrialists discover incredible natural resources in the north
country is all of a sudden prosperous, and the state can afford to provide education, infrastructure, health, etc
the state sets up major housing subsidies in Stockholm to convince the poor rural people to urbanize
While most industrializing countries have employer-paternalism (towns held up by one big factory/mill/mine, everyone relying on the employer), sweden develops state paternalism (everyone relies on the state)
the state provides for everyone using the money from natural resources and dynamite patent
generationally, people become accustomed to this, and aren't used to having to work more than 40 hours per week (huge union presence helped with that)
People have never had to work hard and have never really had to worry about being provided with basic staples of living
Because of this prosperity, they start letting other people in, who are only there for the generous welfare.
They let in tons refugees from north Africa, who have no intention of working
The swedes who do intend on working, intend on working as little as possible, with all the "free" stuff they are accustomed to having

Basically, sweden has been successful because they industrialized very well and their state used to have tons of money from the dynamite patent and a few huge industries. However, that money was never meant to sustain this level of decadence and (frankly) laziness

Flameblow
Flameblow

read the second column in the last page of this
http://people.uncw.edu/kozloffm/glubb.pdf
Sweden is clearly in the "age of decadence"

Lunatick
Lunatick

What about Norway, are they fucked in the same level as Sweden with the refugees + low oil price?

King_Martha
King_Martha

@Lunatick
norway isn't as bad. They aren't in the EU so they have no legal/regulatory obligation to take in so many refugees. In fact, they just got really strict about immigration. I don't know much about their economy but I've been there (oslo) and there aren't even 10% as many homeless street urchin refugees

w8t4u
w8t4u

@RumChicken
What's the cheapest way to short the OMX30 for the very long term?
well if you are so clever and advanced in finance you should know you self-important faggot

iluvmen
iluvmen

Maybe short dtocks of companies that are very dependent on government subsidies?
Those will be the first to go when the current craziness implodes.

Lord_Tryzalot
Lord_Tryzalot

@iluvmen
good idea

AwesomeTucker
AwesomeTucker

bump

CodeBuns
CodeBuns

This is nothing but a thinly disguised neofascist /pol/ thread. Carry on.

BunnyJinx
BunnyJinx

@w8t4u
he said he studied in sweden, so no, he wouldn't

Ignoramus
Ignoramus

All business classes are mostly just college for dumb people
Europeans come across as lazy to Americans in most cases
thinly veiled /pol/ discussion on immigration

Goddamn, you fags are getting lazier than you used to be.

CouchChiller
CouchChiller

@CodeBuns
@Ignoramus
hahahaha you mean to say that economics don't yield to the most politically correct sentiments?

Crazy_Nice
Crazy_Nice

@Flameblow
Isn't that basically Western culture?

farquit
farquit

@Crazy_Nice
of course, but Sweden is the canary in the coal mine of all of those characteristics. the US exhibits those traits for sure, but to a lesser degree

happy_sad
happy_sad

@RumChicken
Their business academics are completely noncompetitive. I took an "intermediate" level finance course and I guarantee a high-schooler could ace the final (this is at a premier business school in stockholm)
Stockholm School of Economics is one of the best schools in finance/management/economics in Europe.

What school did you go to?

Bidwell
Bidwell

@RumChicken
This is pretty much every western nation

PackManBrainlure
PackManBrainlure

@happy_sad
SSE is privately owned/run, it has one of the best MBA/masters in finance programs in the entire world. it's not even a fair comparison to any of the other schools. I went to the Stockholm Business school (part of the Stockholm University) for a semester. Still top-tier in Sweden but not nearly as good

Burnblaze
Burnblaze

@PackManBrainlure
Does SSE and SBS compete for the best school in Stockholm, or does SBS knows they're the underdog?

Firespawn
Firespawn

@Burnblaze
SBS is well aware that they are the underdog. We sometimes have networking events and dinners with them but for the most part it's mutually known that it's not even a fair contest. SBS has more students though and more of a community presence/brand

RavySnake
RavySnake

/pol/ visits a socialist country: the thread

Their market isnt going to crash and it isn't going to soar either.

CodeBuns
CodeBuns

@RavySnake
you aren't lying, but nothing that they're doing on a macro/micro scale is conducive to economic growth/solvency

PurpleCharger
PurpleCharger

I work in a bank and had a client come back to the USA from living in England and Sweden for a few years. He said that Sweden is absolutely going to the dogs recently and is dying. It is the rape capital of the western world and getting worse each year because nothing is being done about the "refugees"

i don't mean to go full on /pol/ tier or anything but that is just what he said. I wouldn't invest anything in Sweden myself with the current political mindset there.

takes2long
takes2long

@PurpleCharger
Isn't it worth it though if they can save so many needy women and children? It is probably just an adjustment period for the refugees, you have to remember they came from terrible countries. We have to be respectful of their culture and never forget that our economic well-being isn't something that we built, it is a privilege of being born in a wealthy country

Emberfire
Emberfire

@takes2long
human life isn't as precious as the bleeding hearts would believe. We're only animals after all.

GoogleCat
GoogleCat

@takes2long

i can tell this is b8, but in case some left and libtards here take it for serious:

needy women and children
kekekekek, the large majority are young men. strangely, they never bring their older family. the """war""" must be not that dangerous after all.

terrible countries
your lack of education is showing. just google syria (and i don't mean just the pictures) and see for yourself. it's an incredibly rich and even beautiful country. the only problem syria had is islam. people just took the opportunity to go to europe because TV tells them that it's better than paradise here, and especially that there's FREE SHIT here.
Somalia is worse off, but it's not like people are starving to death. again: why is the large majority who come here men between 20-30. where are women, kids and elders? did they leave them to starve away? certainly not. can't be that bad down there after all.

respectful of their culture
which is also raping, apparently.

our economy well-being isn't something that we built
from this point on people should realize how retarded libtards really are

cum2soon
cum2soon

@GoogleCat
there is evidence to disprove your every point (apart from the last one, which is a purely philosophical concept, and you spoiled 20yo cucks have trouble understanding stuff more complicated than a video game)
but why bother researching it, you can just cherry pick shit you like and be a mighty right-wing couch warrior on the internet

pro-tip: problems are to be solved, not avoided, even if the solution takes time and has no short term benefit

kizzmybutt
kizzmybutt

@cum2soon
Please post your 'evidence' how the majority of the refugees aren't young, unqualified men.

WebTool
WebTool

@cum2soon
you're a retard then. this is not even made-up bullshit, this is something EVEN THE MEDIA say everyday: the large majority of immigrants are young men. it's a fact, no need to deny

solve problems
solve? easy! no welfare for immigrants. who wants to get in needs to work.
to help REAL refugees we could set a 3 months rule or some shit. that's the time they get help from the state. past that time: no job? back to your boat you go!

as to syria having been a rich country... well, it's a fact either. also, poverty is not a justification for migration.
don't get me wrong, i totally understand some young syrian guy, I'd leave too if i were him.
But it's up to the European countries to make that Impossible. you don't help these countries by draining young people from them.

so, what other points need to be proven? Sweden IS the rape capital of the West, now that they have these immigrants.

Nojokur
Nojokur

@cum2soon

Swede here. Please post evidence so I don't have to witness what's going on in my country anymore.

New_Cliche
New_Cliche

@happy_sad
@PackManBrainlure
@Burnblaze

Hey guys! W-what do you t-think about Lund University school of economics and management? P-pretty good, right?

massdebater
massdebater

@takes2long
At what cost? At the cost of permanent destroying a country's prosperity and economic strength?
Also most of these economic migrants aren't actually fleeing warzones. Most of the ones I encountered were from countries like Romania or Greece. They just want welfare bruh

Gigastrength
Gigastrength

can i short OPs life?

Booteefool
Booteefool

@Gigastrength
t. libtard

Playboyize
Playboyize

@Gigastrength
just how mad are you?

StonedTime
StonedTime

@RumChicken
http://people.uncw.edu/kozloffm/glubb.pdf
Sounds just like the US.

Emberburn
Emberburn

@Gigastrength
Sure, just get involved in the same tontin.
I'm sure you can figure out what to do next.

Bidwell
Bidwell

All finance courses are high-school tier. A lot of people in my physics program do a double degree at Stockholm School of Economics in their spare time.

OnT: buy long-dated sell options on OMXS30. Won't do much good though when the krona falls after they start printing money to pay for all that welfare. Better bet may be negative delta on both the index and the currency rate.

Snarelure
Snarelure

You do realize that Europe is accepting so many immigrants for a reason, right?

The irony in your post is that if Europe were to not accept any immigrants, their markets would tank before they currently will

DeathDog
DeathDog

@Snarelure
What's your reasoning? These immigrants don't work and collect insane benefits, with no deadline or end-date to their stays

http://dailycaller.com/2016/06/01/sweden-took-162k-refugees-last-year-494-got-jobs/

Garbage Can Lid
Garbage Can Lid

@Snarelure
Libtards get this information on shows like Jon Oliver and other half hour left wing political comedy shows.

Lord_Tryzalot
Lord_Tryzalot

Why do liberals have no common sense what so ever? its like reality means nothing to them.

viagrandad
viagrandad

@Garbage Can Lid
@Lord_Tryzalot
It's horrifying how many "educated" people believe this insanity

cum2soon
cum2soon

Liberalism is a mental disorder.

iluvmen
iluvmen

@viagrandad
then disprove our point.
tell us what's good about """refugees""".
with actual facts and figures, not "muh feelings" and "i believe"

give us one single proof that these arab and african aerospace engineers, lawyers and cardiologists our govs invited here for free are of any net purpose.

inb4 hurr, some of them will actually work in our factories, durr no we don't have any low educated people anymore

Deadlyinx
Deadlyinx

@iluvmen
Haha i was agreeing with the guy I quoted. I'm OP, I'm the one shorting Sweden because of its refugee crisis

RumChicken
RumChicken

@MPmaster
I'm a Swede and could help with the language barrier. Let's get rich.

eGremlin
eGremlin

@RumChicken
Do you think that the currency/market is going to get fucked in Sweden? Would like to here a native's perspective. I was only there for 5 months

Poker_Star
Poker_Star

@eGremlin
The politicians are getting dumber every day and the economy looks like that of Greece before their crash. So the economy is definitely fucked. The good thing is that the last time an economical crash happened, there was a massive surge of nationalism and skinhead activity, so I'm just waiting for it to happen.

Nojokur
Nojokur

@New_Cliche
Attending Lund is a nigger's dream school
so he can steal all those unlocked bicycles

Poker_Star
Poker_Star

@RumChicken

Dunno if OP is still here, but I have the capacity to become a dual Swedish Citizen (Canadian born here) because my mother was born and raised in Sweden, and they've yet to close the loophole that allows the children of Swedish mothers, regardless of where they are born, to obtain citizenship.

This would grant me access to all sorts of educational boons I would have to pay a great deal for if I was simply applying as a foreign student. I want to shift away from my History Major into business and finance for the sake of working at a major bank (RBC, TD Waterhouse) is it worth it to pull the trigger and go to Stockholm for a few years?

whereismyname
whereismyname

@Poker_Star
If you care about academic rigor then I would apply for SSE. It's not going to be "free" though because it's private. If you just want to fuck around and do whatever you want and chill then SBS is decent. I don't know many other schools

Nojokur
Nojokur

@Poker_Star
also do you speak any swedish?

Dreamworx
Dreamworx

I've got good sources telling me a huge real estate bubble is about to burst in the next few months in Stockholm, for anyone interested.

Need_TLC
Need_TLC

@Dreamworx
definitely, please share

happy_sad
happy_sad

@Need_TLC
oh I might have been a bit unclear, that was my tip. I've got incentives in this too, wouldn't want to give away everything. But at least now you know what to look for.

5mileys
5mileys

@happy_sad
would you recommend shorting the currency or a stock/fund?

Playboyize
Playboyize

@Lunatick

Norway is fucked.
Real estate bubble and they are pumping oil money into their public sector, stock market etc ...
Norwegians have one of the highest private debts on earth. they all depend on economy to do good, if they lose a job who will cover their mortgage, on 2nd and 3rd house who will cover their sport car and boat ?
And in recession lots of people lose jobs at the same time. so lots of houses cars boats hit the market in the same time, causing price to drop and even more defoults.
Once oil runs out, or oil price drops below 20. they are fucked. Norway has not seen a real recession for 40 years. they got used to good times. It's gona be bad, very bad.

likme
likme

@CodeBuns

Jesus Christ what a cuckold.

@cum2soon

problems are to be solved, not avoided

They're not our problem. Why should we solve it? Is there any empirical evidence stemming from, let's say evolutionary biology, which states it's wrong for us to leave them to their own devices or better yet get rid of them forcefully?

kizzmybutt
kizzmybutt

@New_Cliche

No economics school in Sweden can compare itself even to a fraction of SSE. With that being said, you can still find success on Lund if you get good grades and land good internships.

Techpill
Techpill

@eGremlin

I will have to side with Tino, a Kurdish economist living in Sweden. Sweden will not collapse, it's too big to fail. But it will fade away gradually. The welfare system will be covering less and less things for each passing year, taxes will increase, the standard of living will slowly but surely fall down for many decades. In the end it's going to end with war, but it lies fifty years ahead.

RavySnake
RavySnake

@Techpill
Sweden will become less relevant, but a fucking war? Are you kidding me?

Fried_Sushi
Fried_Sushi

@cum2soon
@takes2long
$.15 has been deposited into your account. We appreciate your contribution.

.t George Soros Foundation

haveahappyday
haveahappyday

@RavySnake

A civil war. What else? You'll have Swedes, who find themselves a minority in their own country, and on the other side immigrants - mainly Muslim. Swedes will win even though they're outnumbered because they've got better genes, but nothing will be the same again. It'll be like Yugoslavia all over again but there won't be any new independent countries, just a permanent, fractured state.

Flameblow
Flameblow

@haveahappyday
@Techpill
interesting. Some of the native v migrant tensions are already coming to fruition. Only the limousine liberal bureaucrats (and the citizens they have indoctrinated) want the migrants

Bidwell
Bidwell

@farquit
US to a lesser degree?

lmao are you even trying

RumChicken
RumChicken

bump

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