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?
$GME bubble pop and that = catalyst?/plummet Asking entirely on speculation of the game/inflation. What an event it would be to have an ability to "capitalize" as the average .xx%'er no?
This a battle of .1% vs 99.9% in terms of reality.
"Do not invest right now other than physical assets." to the fella above or below me. He cannot speak for you or me. He's protecting himself/yourself as you can PHYSICALLY/non-physical but physically applicable...
You're skin can hold a lb. of gold. But... show me "your' " gold worth 10x of with a timestamp picture next to "your" EXCLUSIVE NFT drop that is on a 2"x6" screen. Which takes up more space and which can you choose to use as barter in the advent of a terrorist EMP?
Edit: but reply.
Journal Entry #4 Day 4. No food. The EMP decimated the daily trade. Cards aren't accepted, cash is for now but I am not able to withdrawl any as banks/ATM's are ded. Gold rumored to replace the dollar as "whitehat/black idek"
Day 7. No radio signal, EMP's are rolling every other? day? They all run together in stress
Day 10. Fella down the street had no food although I had offered some he declined stating he was waiting for dinner at HOME.
Day 12. He had gone hungry. Holding me for ransom for 2 bushels of tatoes and a sack of rice. I had XXX rounds but he's been a considerate neighbor. Would never hurt me.
Day 17. Neighbor isn't a neighbor but a VRIL. Discarded human; Book of Revelations. Met with lead.
Other than an insanely over the top emp coming from the sun or aliens spaceships I’m not sure how you think that is on the table. Emp tech isn’t like the movie “escape from LA”.
At this point the risk/reward is too great imo for someone just now joining and wanting to hop on that GME train and resultant fall out once it finally blows.
Literally a gamble at this point because you can very easily be one of the guys holding the bag. And if you’re not already involved and having to ask questions on here on what/how to do things, that means your odds of being the bagman are much higher. Invest in cars after doing some shopping around for a steal, invest in property at a steal (compare historical value/tax value), but actual gold/silver/etc but understand that the value will likely dip in the future but it’s at least dollar proof.