During Obama reign of terror I moved into bonds and said fuck it. My investments were not keeping up with inflation. Not going to make a lot in bonds if anything but at least I was not getting crushed, mainly just keeping what I had.
I moved early this time. I'm not sitting around waiting for this thing to crash which it will. That's ok if people want to laugh at me. I don't need the money and want off the roller coaster ride. I did well under Trump. Taking my winnings early and getting off this rickety cart.
It'll be interesting to see what happens. We all know this is fake right now, when it starts to crash the printer will go into overdrive.
They've been able to print their way out of it before, one crisis at a time. This looks to be a cumulation of multiple crises caused by kicking the can down the road, pandemic lockdowns killing businesses, and high real estate prices caused by government moratoriums. I don't know that you can print your way out of more than one crisis at a time... but they'll try.
I've gone very conservative with my investments, selling my second home now so I'll have cash on hand. Have plenty of toilet paper and propane and ammo!