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always assumed American corpos would swoop in and rebuild, subsidized by the US govt and compensated by prime real estate ownership or something like that.
Yeah, but that doesn’t really require Americans on the ground doing work. They would just hire cheaper Ukrainian labour to extract the wealth.
I don’t think it’s solely because of retail investors, there are a lot of venture capital firms that are also really stupid about where they keep their money, as well as foreign investors like the Saudi.
Imo when the market overcooks right before a recession a lot of capital holders don’t really know what to do with their money and so they end up investing in things like Tesla, the next tallest building in the world, or weird projects like Neom.