You are one of the most intelligent posters that have replied so far. Kudos to you. Not a bad idea. I have good savings, own most of my own shit, and have a decent job. After seeing the reactions of most people, (especially the ones who get defensive cause they know my post rings true). And the fact that noone outside of this forum (in this country) is taking any action. That seems to be the optimistic choice.
I was blessed to be able too attend some of the best Private Universities where I was not punished for being a capitalist and a believer in God. I spent many years on the CBOE and then pivoted into the Private Equity world.
I am a member of the Ayn Rand Society and her writings are ringing True today. Fountain Head and Atlas Shrugged.
99% live far beyond their means with shit they do not need cluttering up their miserable lives. They all want to be wealthy but won't work for it. The punch clocks and work 7 hour days only to bitch about the rich.
The game is over. Structural unemployment will be 50% as Technology , Robotics and cryptos take us into the 4 " economic " shift.
in less than 5 years (imho) more then half of Americans will be on UI. Dollar is collapsing and will be in the shitter by years end.
Stock Market is a lie- Fed Reserv is buying Corporate Bonds, Propping up Repo Market ,etc.
The financial literacy of 99% is a fucking Joke.
The collapse is happening and is being disguised as Political Storm.
Trump, if he pulls it off, will buy us a few more years. But. the majority will be clueless.
oh and 90% of all business closed due to Covid....not coming back.
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