3 ms·
The british sterling hasn't collapsed per se, but over the past 50 years, it certainly has lost a lot of its value, and mostly in the recent decade. A collapsi
by chii 4y ago
The british sterling hasn't collapsed per se, but over the past 50 years, it certainly has lost a lot of its value, and mostly in the recent decade.
A collapsing dollar may not happen abruptly (which would happen in a war on US soil), but could happen slowly. In that case, holding US land (and plant&equipment etc) does still make sense, as these things will continue to function and provide goods.