it's likely that they would continue devaluing the dollar until it loses all purchasing power. so if you have secure income/savings, i'd just make sure i can make minimum payments indefinitely as long as it's fixed rate and take the rest of my wealth out of the system. it's almost certain that real estate will devalue against metals, since those were mostly bought on leverage.
the likely scenario isn't just a currency crisis, but also a credit crisis, meaning cash in hand will, for a short time, should have increased purchasing power. pre-position to be nimble is what i would do.
it's likely that they would continue devaluing the dollar until it loses all purchasing power. so if you have secure income/savings, i'd just make sure i can make minimum payments indefinitely as long as it's fixed rate and take the rest of my wealth out of the system. it's almost certain that real estate will devalue against metals, since those were mostly bought on leverage.
the likely scenario isn't just a currency crisis, but also a credit crisis, meaning cash in hand will, for a short time, should have increased purchasing power. pre-position to be nimble is what i would do.