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RE: WHY SAVERS ARE LOSERS AND WHERE IS YOUR MONEY?
Right, so you would invest. IN CAPITALS.
But what should I do? What invest means?
Actually, I struggle with my “investment” into making the month. Should I worry about banks other than Food Banks?
You might find my post a little sarcastic and you are right. Still, I replied because I agree with the point of the post and I am genuinely interested into developing at least Q&A if not solutions for this coming crisis.
Thanks for the comment. I doubt there is solution governments and central banks would accept. QE will continue, even though it won't do much at this point. I think we should let free market clear the mess, even if it will be painful. And it will. 2008 on steroids. We never et out of recession at first place and yet we are pressed down again. Banks will be bailed out and poor citizens will suffer. Then people vote for opposite party because there will be blame and throwing around false promises. We are far overdue with recession and we will be punished for the greed of those at power.
I am not a financial advisor, but I believe in crypto at this stage the most. I would like to think that silver is good option too, cheap as dirt. Time will tell. For sure, I would not keep fiat in the bank, nor under the pillow. It will be worthless soon. Actually, for me, it has always been. Fiat has value until people believe it has. But this is coming to the end.
Big Short again. They never learn on mistakes.