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?
How is real estate going to hold up as the clotshot die-off picks up speed. People die = crash in demand for over-inflated real estate. In NZ real estate seems to be at least 2-3 times over-valued in real terms - now that the world knows were are the new North Korea - the immigration driven demand has vanished because no one wants to come here. The die-off is being heavily hushed up domestically, but real estate is already starting to tumble. When the world has recessions, NZ has cataclysmic crashes. It's going to be bloody.
Until the feds demand you hand it over. Or they regulate the shxt out of it so you can't use it.