More regulation <> more trust.
Discussion
Well, when reasonable, sober people have every reason to believe that the government is run by 1) people who partook of Epstein's sex slaves, 2) people who are on Israel's payroll, and 3) people who are the banks' payroll, that level of trust becomes quite understandable.
Insane that Vietnam is that high. Am i mistaken or did they go thru some kind of shotgun CBDC or revaluation of currency?
Trust for this seems largely based on culture and perception
Me, too. I hold a healthy skepticism of the survey data, but it *seems* to be the highest caliber available.
For that matter, I'm happily surprised that Americans are this skeptical.
1. Maybe Vietnam got shafted *because* theyre gullible. There is probably a delay in skepticism settinh in.
2. Americans are probably more skeptical now than ten years ago despite egregious bail outs happening at that time. Skepticism takes time. Most do not know how money or banking works but they do know whether theyre better off vs ten years ago.
3. Much of this seems cultural and uncorrelated. America x Austrailia are close whereas Vietnam x China are also close.
Bullish.