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?
This is extremely practical advice. Reading about some of the deaths from this last winter storm just leaves me baffled. How can you live in a place like upstate New York and have electric powered everything? And no generator? No fireplace? Some lost electricity and just froze to death.
It's sad that people have to be told this stuff. But apparently they do. 🤷♀️