Capital flight is a great indicator, thank you for the suggestion.
I’m dubious on Smith article though. He claims to be talking about foreign capital investment, then uses a bunch of proxies that aren’t net investment. If you graph actual foreign investment, you see a decline, but it looks like a continuation of a trend from the Biden years, or arguably even Obama. The only time investment went net negative was in 2014, which stems from Vodafone selling Verizon back to itself.
If anyone is feeling ambitious I’d love to see this graph normed for inflation or GDP.
Capital flight is a great indicator, thank you for the suggestion.
I’m dubious on Smith article though. He claims to be talking about foreign capital investment, then uses a bunch of proxies that aren’t net investment. If you graph actual foreign investment, you see a decline, but it looks like a continuation of a trend from the Biden years, or arguably even Obama. The only time investment went net negative was in 2014, which stems from Vodafone selling Verizon back to itself.
If anyone is feeling ambitious I’d love to see this graph normed for inflation or GDP.
I got a little ambitious and normed the data by value of dollar, relative to 2006Q1. 2025 looks even less exceptional than it did in nominal terms