Honestly… what the fuck do I invest in? I’ve been wanting to do this for the better part of a year but how? If the NYSE tanks… so will the majority of other markets. Not only that, but the US economy will be in shambles and money will be the least of my worries - I’d need to be concerned for my physical safety when shopping for fucking groceries because those will quickly disappear off the store shelves.
Sure but I don’t exactly trust moving my money out of the country into a jurisdiction that might outright steal it or where it could be impounded by the US administration if I ever tried to bring it back. Otherwise I’m game for trying to invest in Chinese and Korean markets.
yeah I would recommend actually look into emerging market funds lol, there’s absolutely no chance of any of that happening. most of the funds I’m in are managed by Western companies
The friends who listened to me back in December have already technically earned money. Back then it was still what, 97¢ to a €? Now it’s at 83¢/€ I think
Honestly? Listen to some of the community building focused “It Could Happen Here” podcast episodes. You know how during the great depression, a lot of people were extremely good at preserving food when there were good harvests and at taking care of each other? It’s invaluable to set up those sorts of community support networks now. People like to fetishize stockpiling ammo, but you can’t eat bullets, and a life of banditry is a miserable existence always a coin flip away from death.
This is partially why I’ve started getting into the hobby of vegetable gardening and forms of food preservation like fermenting, canning and drying in the wake of the pandemic. Not only does it benefit me now by reducing my grocery bill and encouraging me to eat healthier more regularly, but it’s also developing skills that could become critical to survival should things get really bad.
If the NYSE tanks… so will the majority of other markets.
Also, the rulerships in most other markets have been openly sycophantic to Trump’s extortion. Only more extortion and submission will be demanded as a result of that, and accelerated as US gets closer to brink of collapse. The desperation of colonies to tie themselves to a collapsing/sinking ship that hates them is not a recipe for success.
I agree that if the US economy tanks so will everything else. The difference to me is that I want basics to get me through, and ammo for if it turns worse. The gold is just because precious metals tend to retain value while currency can lose its value if it isn’t pegged to the “gold” standard.
Also don’t forget that when times get tough people unfortunately get more violent if they aren’t fed and are struggling.
Also don’t forget that when times get tough people unfortunately get more violent if they aren’t fed and are struggling.
This is where the gold part becomes problematic. Sure, it’ll retain its value. But good luck using it without someone with more desperation than you catching wind that you have it. Doesn’t matter how much ammo you own when your back is turned.
I didn’t add •keep friends and maintain relationships, because you can’t buy that. You earn it. I don’t worry about my back when it’s turned, that’s what friends are for. I worry about having enough of the first three to help everyone around me get through the same problems. Also, it should go without saying that the point of the ammo is to never have to use it. I’m not intending for someone to come and take what I have.
Honestly… what the fuck do I invest in? I’ve been wanting to do this for the better part of a year but how? If the NYSE tanks… so will the majority of other markets. Not only that, but the US economy will be in shambles and money will be the least of my worries - I’d need to be concerned for my physical safety when shopping for fucking groceries because those will quickly disappear off the store shelves.
“Emerging markets”. SA, China and SEA have given me pretty consistent returns over the years, and are better insulated from Western crashes.
Sure but I don’t exactly trust moving my money out of the country into a jurisdiction that might outright steal it or where it could be impounded by the US administration if I ever tried to bring it back. Otherwise I’m game for trying to invest in Chinese and Korean markets.
yeah I would recommend actually look into emerging market funds lol, there’s absolutely no chance of any of that happening. most of the funds I’m in are managed by Western companies
Euros.
The friends who listened to me back in December have already technically earned money. Back then it was still what, 97¢ to a €? Now it’s at 83¢/€ I think
Honestly? Listen to some of the community building focused “It Could Happen Here” podcast episodes. You know how during the great depression, a lot of people were extremely good at preserving food when there were good harvests and at taking care of each other? It’s invaluable to set up those sorts of community support networks now. People like to fetishize stockpiling ammo, but you can’t eat bullets, and a life of banditry is a miserable existence always a coin flip away from death.
This is partially why I’ve started getting into the hobby of vegetable gardening and forms of food preservation like fermenting, canning and drying in the wake of the pandemic. Not only does it benefit me now by reducing my grocery bill and encouraging me to eat healthier more regularly, but it’s also developing skills that could become critical to survival should things get really bad.
Also, the rulerships in most other markets have been openly sycophantic to Trump’s extortion. Only more extortion and submission will be demanded as a result of that, and accelerated as US gets closer to brink of collapse. The desperation of colonies to tie themselves to a collapsing/sinking ship that hates them is not a recipe for success.
• food • ammo • gold.
I agree that if the US economy tanks so will everything else. The difference to me is that I want basics to get me through, and ammo for if it turns worse. The gold is just because precious metals tend to retain value while currency can lose its value if it isn’t pegged to the “gold” standard.
Also don’t forget that when times get tough people unfortunately get more violent if they aren’t fed and are struggling.
This is where the gold part becomes problematic. Sure, it’ll retain its value. But good luck using it without someone with more desperation than you catching wind that you have it. Doesn’t matter how much ammo you own when your back is turned.
It’s listed in order of importance for a reason.
I didn’t add •keep friends and maintain relationships, because you can’t buy that. You earn it. I don’t worry about my back when it’s turned, that’s what friends are for. I worry about having enough of the first three to help everyone around me get through the same problems. Also, it should go without saying that the point of the ammo is to never have to use it. I’m not intending for someone to come and take what I have.
Things like gold and platinum are very valuable concerning the tech industry and automotive industry, they will retain their value for many reasons.