The global collapse of ‘24 - Investment in rebuilding society (BEARS ONLY - not the gay kind)

Gold's performance, especially of late, absolutely pisses on Americandan stocks and bonds. I've never gotten returns higher than around 10%, meanwhile the Rothschild dollar is being debased by double/triple digit inflation, meaning that no matter how good I save or invest, I'm still going to be losing value. PMs are the only things that make sense in this kind of co-opted world. Gold is up almost 90% over the last decade, it shits AND pisses on fiat debt.
 
Are there some hard facts behind a global collapse within this year or it's just schizo rambling?
 
Are there some hard facts behind a global collapse within this year or it's just schizo rambling?
Well for one thing, Biden could have done over a dozen things to fix the plunge in the economy during the 2020 shitfest, but instead of fixing those mistakes he dumped gasoline onto them and accelerated them, making the initial "oh no" of 2020 into a full fledged "OH FUCK". If Biden had actually tried to fix the economy, then 2020 would have been an ugly bump in the road that would have taken years to fix, but it could have been fixed nontheless. Now, the dollar is doomed because everything Biden has done to hurt the economy is INTENTIONAL.
 
Are there some hard facts behind a global collapse within this year or it's just schizo rambling?
Trying to figure that out too. So far everyone seems panicked about the SAHM rule being triggered, a fairly accurate indicator of recession (coming from aUS perspective) and the sudden sell off of stocks this week. Idk if the stock market 'crashed' but the general sentiment is that is 'is crashing'. Combine that with a lot of Western countries having a costof living crisis and somehow not enough workers yet people are silmutaneously unable to find jobs. I personally think a 2008 2.0 is coming and it will be much worse. But that it will only come when the dollar is no longer the reserve currency. As far as I can tell, everyone is sensing something catastrophic looming but cant predict it because the economy has been fucked since 08, if not since the gold standard was eliminated. Covid created a 'weird' economy that experts cannot seem to explain (money printer go brrrr, corpos hoovering it all up) and so I think there is just general unease that keeps growing
 
Real estate in China, where something like 70% of all Chinese wealth is stored, is in free-fall. The commercial real estate market in the US is similarly distressed. The 2008 financial crisis was caused by a housing meltdown. Basically it goes like this:

1) real estate values tank, which cause loans to be underwater.
2) people walk away from their loans, forcing the bank to foreclose.
3) the bank doesn't want to manage properties, so they sell the property
4) the new property value doesn't make up for the loans they issued so the bank takes a loss
5) the banks lend out less money to people and corporations because they have less money now
6) companies can't get loans or get loans at higger interest, which forces them to cut back on expansion plans or start layoffs
7) people can't find work and have a harder time getting credit. They have to cut back on spending
8) this starts a downward spiral until things bottom out

People are expecting the same thing to happen again, but this time government is in no position to bail out companies or soften the blow.
 
The real problem is that the “lesson” central banks took from 2008 and the Great Depression was that the money printer needed to go BRRR even harder and earlier. Pedal to the fucking metal ASAP is the current consensus among the elite at the moment. That’s why Ben Bernanke won the Nobel Memorial prize for Economics: it was for his writings on the subject and his actions during the 2008 crisis.

Unfortunately, the “success” of the global economy after Covid was widely seen as proof of this theory: governments everywhere cranked their money printers up to 11 and (in their minds) managed to avoid the pain.

It’s my personal belief that we are not done with the 2020 experiment, or even the 2008 one. Massive bubbles and instability build up in the system whenever this excessive money printing goes on. I don’t know how this will end, but my hunch is “not well”. At the first sign of weakness, they will all make a prayer to Bernanke and fire up the printing press. What then? Maybe the can gets kicked further down the road and things seem “fine” for a few more years. But maybe not.
 
Sahm Rule has been invoked btw

Looking at it historically, Sahm Rule seems to be at its peak when the bottom has already been reached. IMO.

But for real, what has served me well is getting my head out of my ass and investing in companies I know the feds are going to bail out, subsidize, or otherwise keep from dying. If the bottom falls out of the stock market, buy Raytheon, Goldman Sachs, BoA, Halliburton, Intel, and General Motors. Maybe throw some money Microsoft's way, too. Anyone who's got a Senator by the balls, really.
It does sound like a good idea @Mr. Smiley Good Fella. I'm not a financial expert by any means.

Again, Time in the market beats timing the market. Make sure before investing in the market, you have all your ducks in a row. Have a surplus of cash set a side for emergencies. Like 3-6 months worth. Make sure your debts have been paid off. I didn't follow this and I'm not investing as much as I should this year. Been working on getting my debts paid off.

A few I'd add to invest in.
  • Lockheed Martin
  • Northrop Grumman
  • General Dynamics
  • Berkshire Hathaway
  • JPMorgan Chase
  • Walmart
  • UnitedHealth Group
  • Procter & Gamble
  • Johnson & Johnson
  • Coca-Cola
  • PepsiCo
  • Wells Fargo
  • Morgan Stanley
  • General Electric
  • 3M
IMHO, I wouldn't invest in any tech companies. Its in a bubble right now thanks to AI. And it has been in a bubble for a decade plus as well.

Any company that's been around for more than 100 years is worth investing in. Go here and sort by added, ascending.

Or look for lists that feature companies that have paid dividends back to their investors consistently.

You'd probably be better off with a S&P 500 etf. Or gamble and invest in a leveraged s&p 500 etf.
 
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/pol/ is shitting themselves with biz style threads but if it's not featured here I'm not worried yet.
 
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