Banks are estimating 65% odds, people are dumping us Treasury bonds, there is reporting of a purposeful weakening of the dollar, and I’m seeing the first price hikes enacted. Any suggestions for how to prepare for the shitstorm that’s coming?
Banks are estimating 65% odds, people are dumping us Treasury bonds, there is reporting of a purposeful weakening of the dollar, and I’m seeing the first price hikes enacted. Any suggestions for how to prepare for the shitstorm that’s coming?
Fortunately I work at a bank on a critically important development project. I’d say my odds are better than most in terms of job security.
Also gonna try to move some money out of the country and to a different currency. I don’t want all my eggs in one basket, especially one as terrible as this one.