I am convinced the economy is nearing a reset, because we’ve been manipulating everything to avoid small losses. I think that’s more of a fact than anything else.
The question is what to do to protect yourself from a financial reset. The only thing I know to do is focus on what society will still continue to need, even in the worst times. That’s metals, commodities, and prepstuff.
Unless we are heading into Mad Max world, to which there is no protection for anybody who isn’t already island self-sufficient, that’s what I would do.
All you need to do is go back and take a gander at historical data...recent historical data...hint hint...March 2020.
The Dow plunged to ~18K +- from a high of around 32K. Great buying opportunity, that is if you’re sitting in cash. Otherwise if the bulk of your $$$ is invested in the stock market, you’d be sucking hind tit.
It’s a tough deal sitting on the sidelines, but when the markets tank, it is even tougher. The buying opportunity in March 2020 was a shazam moment as the markets quickly rebounded to it’s highs. Imagine if you will, markets not bouncing back so quickly.
One could potentially realize a decade lost.