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106

Watched a vid by a former financial forecaster how governments printing pandemic money coupled with the 1% increasing their wealth is going to have two main impacts.

Based on similar historical events currency will devalue while property and stocks will have a boom period. The guy was convinced that owning your own home is gonna end for new buyers.

Question is, what would you move cash into? And can you recommend any trading platforms?

Or would you just lend to go buy to let, what with the extra leverage?

Watched a vid by a former financial forecaster how governments printing pandemic money coupled with the 1% increasing their wealth is going to have two main impacts. Based on similar historical events currency will devalue while property and stocks will have a boom period. The guy was convinced that owning your own home is gonna end for new buyers. Question is, what would you move cash into? And can you recommend any trading platforms? Or would you just lend to go buy to let, what with the extra leverage?

(post is archived)

[–] 0 pt

I disagree. Property values aren't being propped up by forced mortgages and with a population of 320 million likely to triple (since niggers and spics are allowed to breed without penalty) the demand is only going to sky rocket.

What once was a $12K house I've seen sell today for 200K.

in 30 years (provided land is still private) I could see it being 4 times that.

[+] [deleted] 1 pt