Well Glenn Beck puts out a great warning video in the Rumble link below, on Japan’s impending economic collapse. 7 Trillion in the hole and no one came bail them out. US Military tied into theirs, and US and Japan have been shell gaming their bonds together for decades. But now that US DemoLibs are shelling out billions to launder in Ukraine, we have no ability further to shell game Japan’s bonds. Economic Default is coming by Sept. or sooner period, which will in-turn cascade our bond market.
Red October might also be stocks and bonds deeper in red, besides a conservative midterm sweep. Sorry for the Yahoo link, but their business finance has a great article on Not Intervening On The Yen, to back up Glenn’s info. Not good Anons, not good at all.
https://rumble.com/v12tw0k-how-japans-possible-financial-collapse-could-affect-us.html
https://finance.yahoo.com/news/japan-seen-unlikely-intervene-yen-210000303.html
I literally have a check($100,000 life insurance check) coming in the next couple weeks. Had plans to save 90% of it in a high yield savings account. An account like that would be safe from all this shit? Not investing into stocks, bonds etc
This is not financial advice, but what do you do if the bank you deposit that check into is over-leveraged (because it is) and they have already lent out your $100k many times over on the very day you gave it to them? Look up fractional reserve system.
What do you do when there's a run on the banks and banks are not opening? What do you do when inflation makes that $100k only worth $50k or $25k?
If you are not stacking at least some precious metals, real estate, and other hard assets, you might be in for a not-so-great awakening.
this
Gold, silver, and any gas/oil and precious metal stocks (platinum, gold, silver, mining stocks) will be fine. I shifted all my money/stocks to gas/oil, silver, gold, and mining stocks. Transportation stocks like trains and trucking should do fine too. Costco and Kraft Foods stocks should also weather the storm fine. But safest is precious metals, and gas/oil.