If you got a car payment or boat payment, whatever, sell that shit asap. Fucking maximize your savings now. I hope it doesn’t happen but my gut says we are in for a complete economic meltdown and unemployment is going to be the highest it’s ever been 40-50%.
Have you ever read the 2016 article from Forbes with that title, "the year is 2030, I own nothing, have no privacy" etc? They tried to change the title on the original one on the WEF website but the title still shows up in search lmao. (WEF Organized Event 201 sim of a corona pandemic the same month the first case was reported in China...) It reads like it was written by a fucking toddler. These people want to take EVERYTHING from you. Seriously read it you'll have a good laugh. Then a good cry. Once you realize that's what COVID is about.
"Oh I dont own kitchen utensils, so I just order them to be sent to my house that night when I feel like cooking!" Completely fucked, these people are sick. Also mentions how her "living space" is used for work meetings during the day when she's not there... id rather be Dead thanks
Agree with the savings, however with all the printed money and low interest rates, good chance we're heading for some serious inflation in which case cash might not be the best place. A house you can at least still live in, and a car you might be able to sell as the dollar is devalued. Then again, a lot of the stimulus isn't in the hands of actual people so only certain sectors could be hit (ie, some areas have insane housing prices that keep going up and up and up). I don't have a solution either, just warning to keep an eye on the money supply.
Go on. I'm a landscaper paying 500 a month for truck plus insurance.
grass never stops growing in florida. No stocks. No home. Rent a room for 359 a month. Live below means. Save 30% of all income
My money is on stagflation. If you have a fixed rate mortgage you should be able to let inflation get you out of trouble. Any variable rate loans need to be G O N E.
I hope not because I just bought a pretty expensive house (for my middle class standards).
I hate this fool.
If you got a car payment or boat payment, whatever, sell that shit asap. Fucking maximize your savings now. I hope it doesn’t happen but my gut says we are in for a complete economic meltdown and unemployment is going to be the highest it’s ever been 40-50%.
Yep. When the WEF says "The year is 2030. I own nothing, have no privacy, and life has never been better." Its not a prediction. Its a prescription.
And like all leftists, they don't mean themselves.
We won't own anything, but someone will: them.
We won't have privacy, but they will.
Their life will never be better. Ours will never be worse.
Have you ever read the 2016 article from Forbes with that title, "the year is 2030, I own nothing, have no privacy" etc? They tried to change the title on the original one on the WEF website but the title still shows up in search lmao. (WEF Organized Event 201 sim of a corona pandemic the same month the first case was reported in China...) It reads like it was written by a fucking toddler. These people want to take EVERYTHING from you. Seriously read it you'll have a good laugh. Then a good cry. Once you realize that's what COVID is about.
"Oh I dont own kitchen utensils, so I just order them to be sent to my house that night when I feel like cooking!" Completely fucked, these people are sick. Also mentions how her "living space" is used for work meetings during the day when she's not there... id rather be Dead thanks
Agree with the savings, however with all the printed money and low interest rates, good chance we're heading for some serious inflation in which case cash might not be the best place. A house you can at least still live in, and a car you might be able to sell as the dollar is devalued. Then again, a lot of the stimulus isn't in the hands of actual people so only certain sectors could be hit (ie, some areas have insane housing prices that keep going up and up and up). I don't have a solution either, just warning to keep an eye on the money supply.
Yeh definitely agree on the cash part
Well my car is paid off.. My fiance just bought a car (had to for work (less than 3 years and a month later they cut his car stiepen)
I'm hoping since we're both "essential?" We may be ok?
We bought our house for 285k which is way more than we wanted but with these Interest rates it was pretty much our apartment payments.
Its scary what we could face and I pray for others who aren't so "lucky" with "essential" jobs even though all jobs are essential.
No way. Come on, man!
Go on. I'm a landscaper paying 500 a month for truck plus insurance. grass never stops growing in florida. No stocks. No home. Rent a room for 359 a month. Live below means. Save 30% of all income
My money is on stagflation. If you have a fixed rate mortgage you should be able to let inflation get you out of trouble. Any variable rate loans need to be G O N E.
Hard assets are your best bet right now as long as you are not forced to sell in the next couple of years.