People still fail to understand what the coming debt implosion will really mean. First off, the just in time delivery system will break down meaning everyday items will suddenly become scarce if not unavailable. Secondly, hundreds of millions world wide will lose their; jobs, pensions, savings, investments and likely go bankrupt, if not they will take a massive hit that they will never recover from. Thirdly, the economic system that once was will no longer exist, meaning that all fiat currencies will be devalued in excess of 50% if not 75% or more. This means that unless goods and service prices fall at the same rate (likely they will fall much slower) as currencies then those goods and services will become unaffordable.
Therefore everyone should own real assets ie a house with land to grow food, goods in order to barter/trade and survive off of, PMs during the implosion, and so forth. Those who had a house and garden in rural areas during the depression were far better off than those in cities.. Self sufficiency is THE most important thing to achieve BEFORE the implosion occurs...
Finally when economic disaster occurs people panic and vote in extreme governments in order to be taken care of by the government. Meaning the democratic republic will be destroyed and most likely the USSA will be born ( think Bernie sanders/ entitlement generations/ANTIFA/BLM)...Thus having a small house and a bit of land in one country with a plan b to move to another country or keeping a good portion of ones wealth liquid even stored in another country would be wise. Private property can be confiscated by the state...
>>3478921
>t. retard
I'll be ok. I have 2000 ARK.
>>3478936
^ retard who thinks it can't happen again
>put 90% of your assets into PM
>wait for real estate market to inevitably crash
>cash the PMs
>buy real estate at the dip
>???
>literally profit
>>3478965
>retard who voted for Bush and Trump and made this all happen in the first place.
>>3478921
Lad, there has never been a debt crises for any country that has ever even caused a fraction of the economic damage that the great recession and great depression did