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Sounds like you just need to retire earlier (: What's the alternative to investing in the US economy? Are you investing in foreign stocks? Gold? Cattle? I'm n
by throwaway894345 4y ago
Sounds like you just need to retire earlier (:
What's the alternative to investing in the US economy? Are you investing in foreign stocks? Gold? Cattle?
I'm not an economist, but I would expect that if things go badly in the US, it will mean devastating recession everywhere, including China or whoever is going to be the next dominant economy, at least for a time until the global economy reorganizes itself, so I would think you're screwed either way. Maybe the transfer of economic dominance will happen gradually, in which case you may as well put your money in the US economy until there's evidence that the US has peaked, right?
Lastly, the UK doesn't have a constitution? I thought it was a "Constitutional Monarchy" which presumably implies a constitution?
- AlbertCory 4y agoHe meant "a written constitution." Judges do look at precedents, only there isn't one that's officially above all others. (As I understand it, not being British.)
- sobkas 4y ago> Sounds like you just need to retire earlier (: > What's the alternative to investing in the US economy? Are you investing in foreign stocks? Gold? Cattle? A paramilitary organisation, so when governments finally collapse, you will be there ready, able to take everything you want like a candy from a child.
- throwaway894345 4y agoI was actually thinking something like this. Not "paramilitary" so much as "make sure you have good land, food preserves, a respectable arsenal, and good leadership rapport with your local community" or some such.
- nradov 4y agoVTWAX