[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.1450626 [View]
File: 298 KB, 1600x1280, 1470245950029.jpg [View same] [iqdb] [saucenao] [google]
1450626

>>1449699
If i understand you correctly you think that these lowest interest rates of all time will last forever.
You realise that when they go up the debt goes up too right?

Debt isn't evil, its useful. But the excess and flippant "Nothing bad will happen" is how all the recent financial downturns have happened. Whats the definition of insanity again?

>>1449703
You're misunderstanding national and personal debt.
Personal debt does work that way.
National debt doesn't, as by and large the state doesn't make profit due to most of its loan not being for investment but to pay for services provided to the public. (Texas seems to be a model for the future though)

Also, the government gains tax as GDP, this is not wealth. You have to trust the government to wisely distribute that wealth for the betterment of all.
Do you trust your government to do that?

They get power and influence from their method, and take power from the corporate banks.
Why would they give up that power?
When has any government willingly given up their power for the betterment of the people?

>>1449783
Real estate is too risky, its at or close to being at its peak. New generations and immigrants can't afford it, but the older generations won't sell for a loss. Its why Arabs, Russians, and Chinese are buying up land in major Western cities.
This is already creating tensions and can't last forever.

Gold is usually safe, so is the Swiss Franc, but in a bad economic downturn both could end up bad choices. I'd look to silver and probably food commodities though. Basic infrastructure companies and security providers too.

I'm not an expert on trading though.

Navigation
View posts[+24][+48][+96]