I'll just do bullet points
- Russia sent out all its subs for exercises -Massive anti-lock down protests everywhere
- Inflation is growing everywhere
- South China sea....
- Biden screwing with Taliban, Syria, Saudia Arabia...... Mid-east chaos again. Add to my list if you please. There is a lot more just didnt want to ramble on. My boy is 16 and with current events I am concerned.
Let me clarify. It will be the collapse of the fiat dollar. It will be replaced by the Quantum-asset backed currency. But during the transition there may be a crash. It will be temporary, but it will be part of the Events that will trigger the military to act.
"poof"
So what? Ever look into the how and who behind the founding of the stock exchange? What is a stock exchange? What is it really?
What happens to numbers on a screen if the screen stops working?
"Poof"
Dollar dies, I'm out a week's pay. If it will hit you harder, might be worth thinking more about.
What is constitutional currency? How does one transfer money back into that constitutionally required system?
What store of wealth can you physically hold if there is no system for some period of time?
I went the homestead route a while back. No shortage of ways to invest in ourselves now. It's not for everyone, just what we did. If you treat every paycheck like it's the last you're ever going to see, it changes how you look at assets. Around me cattle pannels are a legit barter unit. I just hope the world keeps spinning long enough to get a better chainsaw, the next reasonable goal I've set. A dozen more tons of stone would be next in line after that. More sheep after that. It is an endless list really.
Me don't do stonks. Me build farm. World go caveman, me have chance.....me hope.
Well, only Q knows. But if our assumptions are true and our understanding of Q and Trump is correct, they will make sure the transition will not hurt people needlessly. But that only applies to currency. I dont think such guarantees can be made for stocks, and to 401k by extension, especially when a lot of these funds are managed by evil wall street folks.
Personally, I am trying and reducing my exposure to the stock market as we get closer to the hammer dropping. Of course, I am not a financial expert and I can only say what I do - whether its the right thing or not, time will tell.