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Personal prediction. Look at 2008. Right now "the blood is on the streets". The perfect time to use your capital to grab up whatever you can. In a couple of ye
by Justsignedup 6y ago
Personal prediction. Look at 2008.
Right now "the blood is on the streets". The perfect time to use your capital to grab up whatever you can. In a couple of years we gonna have a total economic collapse or a major bounce back. So get started with shit now. It is the perfect time.
Buying yourself time until the bounceback is the right move.
- strken 6y agoI agree with this as good general advice about economic slumps, but I don't think the v shaped recovery earlier this year accurately reflects the real impact that so many people becoming unemployed will have. Is the right time now, or is it a few months down the track once everything has set in?
- tonyedgecombe 6y agoIt's not obvious to me that we have reached the bottom yet.
- easytiger 6y agoOne thing 2008 taught me was that people learned to constantly predict that doom is imminent, for fear they get caught not being retrospectively right.
- varjag 6y agoThat's no specific to 2008. It's an attitude that every new generation re-learns in their own formational crisis.