We Are Firmly In A Kondratieff Winter, What Do You Invest In?
During a Kondratieff Winter, the best place to be is in hard assets and cash.
Basically, the economy is shrinking, cutting out the dead wood so it is able to grow during the next spring.
However, what is an asset this year? What is a hard asset? Because things are not the same.
Case in point, cash is usually a good thing to get into when in winter. There is usually deflation of asset prices, and so, having cash allows you to buy them up towards the end of the cycle.
However, cash in the bank may go away. We have never been so close to a 100% loss, many 100% losses.
Real Estate as an Investment
Acreage has been one of the most solid investments. Land is still land.
However, we have gotten away from land, and gotten into houses on tiny pieces of land barely able to hold said house. But, this is seen as valuable, and many repeat the lie that "houses never go down in price". Unfortunately, that cycle has come to an end. The entire paradigm is changing.
And then we got complacent in that there would always be a shortage of housing. Even putting people out on the streets to keep up this charade. We got complacent with low rates on fixed 30 year mortgages, and stable property taxes and insurance rates. All of this has gone away. People are complaining about their property taxes doubling. People are loosing their insurance from insurance companies trying to lower their exposure to risk.
The biggest thing that has changed is the demographics downturn. We have never lived in a time when the population isn't growing (and needing more housing)
AirBNB rentals is collapsing. Foreclosures are rising. Boomers are leaving their houses for nursing homes or mortuary plots.
The supply of houses will soon greatly surpass the number of people who wish to live in suburban homes.
Like commercial properties which are being left empty because people are working from home and businesses are downsizing, there is no future need for these buildings.
And Commie cities/states are looking to socialize housing. Meaning, you are going to see rent control all over the place. Meaning, sell any homes in these places. Their value is going to plummet.
Cash in the Bank, Isn't
We are looking at huge disasters in the banking industry.
The collapse of the dollar is being pushed. Other countries are trying to bypass the dollar. And this is probably the banksters' plan. To destroy the currencies and then reissue/revalue new currencies. To wipe out everyone's bank accounts, and then offer a CBDC in place of it.
So, like Crimea had everyone take a haircut (except those who knew to remove their cash days before) as the banks bailed-in. Soon it will be like that all across Europe and then America.
Even if you have FDIC insured funds, it will be years before you are paid. And, it will most likely be the tax payers (you) paying the people who lost money in the bank failures (you).
Already, people are being denied from withdrawing large sums of money. Being asked, "what are you going to use this money for?"
Your money in the bank is not safe.
What Assets does that leave?
Basically, everything that is connected to the banksters will die.
Not just drop in price, but go away, the idea, the structure, the concept, will just turn to dust.
Like the idea of owning a house will be turned around and inside out. That the property is not owned by a person, instead, the property is owned by the children not yet born. The idea of keeping a person from having a home will be considered like we consider murder. But not in a bad person can come take our house for their own, but that we would never let there be a time when any of our tribe is without a house. People will plan in advance to have a home when their child comes of age.
And such, all the other bankster lies are uncovered.
Most of insurance fees goes to pay the agents. And then the insurance company does the least it can do to help a person recover. We can easily set this up as a DAO, outputs worked out by AI. Or, even further, we, the people, create a fund, so that we are always able to help people in trouble. People will start to understand how insurance as we do it now is very inhumane.
So, this leaves very few things.
Gold will be with us for a time, and then become commonplace and really difficult to transfer.
Silver will be used in so many new electronics that it will become a national strategic metal.
Bet on the future. Bitcoin will be huge. As in, people will be working for satoshis, huge.
Buy food (not futures contracts on wheat or corn) because food will continue going up in price, and scarcity. The best part of investing in food is, that you can eat it.