(This is not a substitute for competent financial advice)
If you believe the dollar stands to lose more value and that the US economy is shaky, if you believe that US companies will lose value and thus investing in their stock is a poor choice, then consider moving your savings out of those assets and into ones that you view as more stable (ie. gold, silver, crypto). The key question is your assessment of the US economy, the dollar, and their stability.
Personally, I think the powers that be are too personally invested in the current system to let it fall. They'll be willing to take a haircut, even a big loss such as in a depression where they might lose huge chunks of their wealth, but I don't think they'll let the system fall. Too much is bound up in it.
I've got a father who's retired. I told him this, and I told him not to panic and sell off stock in companies which are strong and have consistently provided good returns. He invests in companies that provide goods and services you can't really live without. Everyone needs them, so even if the economy tanks, these companies will be resilient. I wouldn't sell those. But I did suggest to him to consider moving some of his assets to real assets (real estate, gold, silver, anything tangible that you can physically go out and touch) just in case the worst happens. Make an ultra-conservative financial choice here for some part of the nest egg because he is retired and must have assurance against risk to help him sleep.
Again, you do you own thinking when it comes to your money. Don't trust /uRandomJackassOnTheInternet0439 to tell you where you should invest.
I think the powers that be are too personally invested in the current system to let it fall.
I wonder if the PTB might have missed a trick. A decade ago, The West was powerful enough to control the world so they worked on controlling The West to grab global influence. However, these days, The West is declining rapidly. 1.4 billion people in China now have a GDP like the US. A similar number in India are heading in that direction. Brazil, Russia and South Africa are already on-board and are being swamped with applications to join.
Africa has started telling western countries where to get off. Oil suppliers are moving away from the US dollar. Western sanctions are being ignored and overcome.
Maybe this is causing part of the panic? If the Globalist agenda is not implemented very soon they will find they still have another stack of countries to overcome and China and Russia, for two, will not give up their new-found power easily.
(This is not a substitute for competent financial advice)
If you believe the dollar stands to lose more value and that the US economy is shaky, if you believe that US companies will lose value and thus investing in their stock is a poor choice, then consider moving your savings out of those assets and into ones that you view as more stable (ie. gold, silver, crypto). The key question is your assessment of the US economy, the dollar, and their stability.
Personally, I think the powers that be are too personally invested in the current system to let it fall. They'll be willing to take a haircut, even a big loss such as in a depression where they might lose huge chunks of their wealth, but I don't think they'll let the system fall. Too much is bound up in it.
I've got a father who's retired. I told him this, and I told him not to panic and sell off stock in companies which are strong and have consistently provided good returns. He invests in companies that provide goods and services you can't really live without. Everyone needs them, so even if the economy tanks, these companies will be resilient. I wouldn't sell those. But I did suggest to him to consider moving some of his assets to real assets (real estate, gold, silver, anything tangible that you can physically go out and touch) just in case the worst happens. Make an ultra-conservative financial choice here for some part of the nest egg because he is retired and must have assurance against risk to help him sleep.
Again, you do you own thinking when it comes to your money. Don't trust /uRandomJackassOnTheInternet0439 to tell you where you should invest.
I wonder if the PTB might have missed a trick. A decade ago, The West was powerful enough to control the world so they worked on controlling The West to grab global influence. However, these days, The West is declining rapidly. 1.4 billion people in China now have a GDP like the US. A similar number in India are heading in that direction. Brazil, Russia and South Africa are already on-board and are being swamped with applications to join.
Africa has started telling western countries where to get off. Oil suppliers are moving away from the US dollar. Western sanctions are being ignored and overcome.
Maybe this is causing part of the panic? If the Globalist agenda is not implemented very soon they will find they still have another stack of countries to overcome and China and Russia, for two, will not give up their new-found power easily.