3 ms·
Even in a WWIII scenario, there would be some form of economy. The composition of the GDP would drastically change. But there would still be demand for food and
by mo_42 3y ago
Even in a WWIII scenario, there would be some form of economy. The composition of the GDP would drastically change. But there would still be demand for food and clothing and of course military goods etc. All these require capital for which investors will collect part of the profits.
So I think a diversified portfolio would still be valid. Even if the stock markets would be closed for years, I could sleep well as some of my companies will go bankrupt and others will have much higher profits.
- TheOtherHobbes 3y agoThe composition of GDP wouldn't change, it would disappear. The demand for clothing and food would be defined by violence, not by markets. (Although you could argue that markets are the same kind of violence, but in a very abstracted form.)
- gpderetta 3y agoIn case of a major total war, any participant in the conflict would very likely quickly switch to a war economy, in practice a centrally planned economy. I'm sure there would still be ample opportunity for profiteering before the nuclear holocaust for the dedicated individual, but personally the return of investment would be the last of my worries.