"The dumb money is saying the economy is headed south," he said. "The smart money says, ‘This too shall pass.’"
partial quote from:
https://finance.yahoo.com/news/3-stocks-buy-hold-panic-184556241.html
If you can afford to stay in and take the risk (in other words if you can survive without your investments for 5 to 10 years) then stay in the market.
Because it is likely 50-50 whether or not we are going to have a crash like 2009 or 1929 here. It is hard to predict because we have this unnatural "Trade War" that Trump has created to kill off poor and middle Class people "financially" in the U.S. and around the world and make the rich richer worldwide.
The Trade war is actually a ruse by the Rich like Trump to kill off the poorer people worldwide through starvation. In other words it's just an excuse by the rich to starve the poor and to bankrupt them.(and the lower middle classes too worldwide).
What happens actually in a "Trade War"? Companies downsize or go bankrupt. People lose their livelihoods in the countries involved in the trade war. People lose their homes, their spouses, their families, their livelihoods in all countries involved including the U.S.
Those suffering the most now in the U.S. likely are Farmers who own their own farms who aren't a part of a farming conglomerate who will likely lose everything within the next year because of the trade war.
And since China is "waiting for another President" and see Trump as an anomaly and has waited out adversaries for "Hundreds of years" in the past, I see presently no hope for those American Farmers to be able to keep their farms, unless they find customers other than China somewhere else on earth.
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- What are the 4 types of Anthropology? begin quote from Google AI:
- March 12th 2025 in and on Mt. Shasta
- ‘He broke barriers’: One of the last survivors of elite group of paratroopers died. He was 108
- Mt. Shasta tourism was the highest ever for winter skiing and such BEFORE Trump was inaugurated
- When I studied Cultural Anthropology at UCSC I was most interested in understanding cultures especially Tibetan Culture.
- Multistate measles outbreak crosses 450 cases
- Measles outbreak surpasses 350 cases and is expected to keep growing
- 'I'm worried it's getting worse': Texas measles outbreak grows as families resist vaccination
- I think Trump is trying to "Thin Out" the population of Earth by messing up the world economy
- The Economic War being waged against China and the rest of the world by Trump
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment