How do I protect myself long term against the upcoming economic crisis? Debtmaxx? Cancel all debts? Buy gold/silver?
Don't tell me stupid shit like buy bullets or some stuff. That kind of crisis just won't happen, but I think we're gonna live an unique moment in which if we have liquidable assets one could easily buy certain stocks or land for very cheap and then live very comfortably in the next 10-15 years.
have sex and don't worry. This too shall pass. Don't let your mind revolve around money and things that are beyond your control. I recommend that you spend up to 10 minutes each day face first between the butt cheeks of a woman you hold dear to your heart. This should put you in good stead. Godspeed, brother.
Henry Long
Buy Chainlink you stupid cuck
Charles King
You are going to want some guns, not for barter but for dealing with the poor
Landon Sanders
Incorporate or at least LLC with family you can trust. Purchase large areas of land with as many water wells and sources as possible. Look for areas away from city centers and federal urban development. Get into small areas where you have the the ears and access to city councilmen and sheriffs. Even better if you can put family and friends into those positions. Hire the best Land Use attorney for each area you're buying land in, they will know the ins and outs of city council and will network for you. Land with water should be your top concern. Even if it's in a FEMA flood zone, water rights and access will become more valuable than any house that is destroyed by flooding. Also, the future is local and decentralized.
Christian Fisher
stfu retard
Tyler Bell
I think I understand what you mean. But there's no hurt on planning ahead. There's clearly some dark times ahead, if I can secure some good money for my future kids, that would be nice. Also liking butts is very gay. I'm a tits guy.
sure
Larper doomsday scenario.
Why do you assume I'm american? I don't have FEMA or flooding at all where I live. But essentially, even if you sound like another doomsday larper, you're saying... buy land
Lincoln Campbell
they're not LARP'ing, they're paranoid schizophrenics
Eli Jenkins
be as self reliant as possible in all areas, particularly essentials like food, water, energy then prices could go to a bajillion dollars for a loaf of bread or kWh or gallon of water, and you wouldn't care (minus the roaming hordes of niggers pillaging the countryside and threatening your security)
Owen Butler
>Larper doomsday scenario. nigger you are the one who made a thread about "how do I protect myself from an economic crisis". If we go depression tier (whether deflation or stagflation), and the standard of living drops considerably, the best hedge is self reliance. simple as. Money won't buy you anything if there are shortages of basic necessities (i.e. government implementing rationing or price control) or rampant, persistent inflation. The only protection is not relying on money and money reliant assets, aka REAL assets.
Connor Stewart
>Don't tell me stupid shit like buy bullets Buying enough canned food for 2-3 years is great advice because it's 100% guaranteed to protect you against inflation. Surely that's good enough in current conditions Food won't run out but it's not getting any cheaper so not stocking up is just wasting money Some gold/silver is obviously good too, no market conditions where 10% of your money shouldn't be in it. And having 10% in cash is also great in any time. Other than that, who knows. Debtmaxxing is probably a good bet because out of all the things you can bet on right now betting on rates hiking is relatively safe
Aaron Davis
Humanity has been through a great depression before and guns didn't do shit. Do you really think people got rich off the last economic crisis by buying land and drinking fresh water living a country side life? You're fucking delusional
Jeremiah Davis
>eating canned foods I am sexually active, so no thank you.
John Long
>Do you really think people got rich off the last economic crisis by buying essential goods when they're still cheap and then reselling them when they got much more expensive Yes. That's exactly how you get rich during a depression, you don't invest in innovative tech during a depression, you buy essentials from desperate poor people and sell them back to them in a decade
Benjamin Morales
I doubt that actually
James Johnson
>Larper doomsday scenario. lololol big surprise coming your way fag
Easton James
OP, you are a faggot. Even worse, a foreigner faggot. Urban centers went to gangsters and G-Men during the depression. The smart people with ingroup preferences find land, concentrate resources and labor and work on generating wealth.
I wouldn't debt max unless you plan on leaving the country for seven years and have good credit.
10% cash 10% gold/silver 80% crypto/real estate. I wouldn't buy land or real estate until the war starts, then there will be less people and a lot of sell pressure. As to crypto, 20% of that in privacy cryptos like 0xMR and PRV and the rest in XRP and ICP. Some people debt max to buy crypto when there is a major dip like there is now but it is high risk. You are basically betting that your profits can outweigh credit card debt long term. You can get close if the market is stable by staking CNDL or ICP for 20% APY but you will really need the price to go up dramatically and that normally only happens for a couple months before another crypto crash, so you have to time it just right.
Jaxon Ramirez
>XRP and ICP Schizo alert. I'm still about 20% in crypto myself but for me it's btc, a certain coin we don't name, and I'm betting on a bunch of smart contract layer 1s hoping that one of them wins bigly. If crypto market has taught me anything it's that value does accumulate on layer 1, it rarely stays on protocol level
Lincoln Mitchell
I would have advised you to go suck your mother's ass but i am a nice guy so just buy ORE and keep yourself secured from whatsoever crisis you are predicting