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> People should have contingencies ready in case something unprecedented happens. > What kind of contingencies? Money in mattress? The right to live in multip
by kudokatz 4y ago
> People should have contingencies ready in case something unprecedented happens.
> What kind of contingencies? Money in mattress?
The right to live in multiple countries on a permanent basis (foreign permanent residence and/or passports) and investments that automatically balance as world markets shift over time (e.g. the worldwide equivalent of VTI: VT)
- nonethewiser 4y agoIf a world war causes the US stock market to crash you can be damn sure that the rest of the world is going to have bad time starting from a worse place. Not only are other countries so connected to the US's global economy, but many literally cannot secure trade without US security and US lead organizations.