to put this as simple as possible. Is the economy going to dump more and then eventually go back up, indicating a buying opportunity in stocks, real estate, etc. Or is all going to zero? Would I be safe if I invest in good companies or is it not worth it all,because the USDollar may go to zero? What are your thoughts? Should I take this as a buying opportunity or embrace the possibility of a complete financial collapse where my money is now toilet paper?
Im just a broke trade school student unsure about this whole shitty clown show, and dont want all of my money to go down the drain.
To go off topic a bit, Would trump even let that happen, because if you introduce a new financial system, what are you going to do if millions of hard working middle class Americans lose all their wealth from the old system?
My husband and I just talked about this. My family once had lots of land. My grandfather was diagnosed with terminal cancer while still young. He sold everything. It did provide for his family and helped their adult kids start businesses, but the return would have been 1000 fold if he had just allowed my grandmother to sell the land when she needed money keeping the rest of the land. In the last 20 years, other family land has had a 50% decline and then regained every penny and more. Our government can print more dollars but it can't make more land.