"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
- $6.69 a gallon of Regular today in SF Bay area. Premium $7.07!
- The reliant robin 3 wheeled CAR?
- California bear-suit luxury car scam ends in insurance fraud sentences for 3
- Why scientists are nervous about fungi: Full Article
- The problem with Social Media might be different than you think?
- Most read articles as of Monday May 4th 2026
- Tsunami comes weeks after 15th anniversary of 2011 meltdown (which caused 3 meltdowns at Fukushima) and locals permanently evacuated
- These are results for what is causing the warming of the pacific ocean near SAn Francisco?
- Texas judge orders girls camp to preserve cabins damaged during deadly 2025 flood
- How 2 men claimed an absurd record by driving an old 3-wheel car the length of Africa
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment