And so the major recession that’s long been predicted finally begins. Right on time, IMHO - they almost always start in the latter half of January when they’ve been pushed off as much as possible like this & the investors get the year-end numbers they wanted.
As conditions deteriorate and people become more desperate, Trump (more accurately, his Heritage Foundation handlers) will use the disarray to impose martial law, and the US will decend further towards civil war.
I hope I’m wrong.
It’s small; but my grandfather, who regularly takes trips across the border (Can>USA) to buy groceries, gas, and visit casinos, exchanged his perpetual collection of USD.
He’s never going back to the US.
‘investors’ large and small are abandoning the US. Rightfully so.
I moved to Sweden a bit ago and basically speed ran dumping my usd into euros and sek. I’m keeping some behind to help fund people escaping, it’s not much but if I can even help one person it’s worth it. I pulled the plug on retirement too because I also plan on never going back and I want to be as far from US markets as physically possible
I yanked retirement out and actively leaving now too. IF I ever go back I expect it will be a decade or more because I don’t believe it will be safe any sooner than that.