What do in advance of the incoming global economic crisis?

[Anonymous No.17814710]

Pay up my credit debt or invest that money into gold and BTC instead?

[Anonymous No.17814995]

[Anonymous No.17815012]

>>17814710
Uhhhhh, pay debt?

[Anonymous No.17815057]

>>17814710
>>17814995
>>17815012
Serious question, how old are you guys?

[Anonymous No.17815319]

>>17815057
Ur gey lole

[Anonymous No.17815339]

>>17814710
Brrrrrrrrr

[Anonymous No.17815345]

>>17814710
Buy BTC and flee the country.

[Anonymous No.17815352]

>>17814710
> PhD in economics
> Decades of research
> Countless hours of waging
Best they can come up with is brr brr

[Anonymous No.17815358]

Gold, as much as you can.

[Anonymous No.17815475]

>>17815352
unpopular opinon
it works, it saves million lives, cause central planning and brr brr machine during a crisis is the fastest way to solve problems
lolbertarians have no idea how macroeconomic works, they think everything should work as survival of the fittest, but humans have different needs during their lifetime and they ignore what they could need in future, if you kill everybody else while you can leverage your power, you will be buttfucked in future
think about pandemics, even 1st world countries are totally unprepared, and old boomer rich people like Buffett would die in a week without medicine and biology
Human race needs research and development even when it's not economically profitable, and the only way you can do that, it's brr brr
I know you are lazy and you want to live as a parasite, but that's not helping the human race to survive

[Anonymous No.17815725]

pls give me answer fags

[Anonymous No.17815950]

>>17815475
unpopular opinon
It only works because you can reduce interest rates and every time you do the price of things that can't be imported such as housing suffers massive inflation.
Which means that you have diminishing returns on printing money and since the youth does not own their houses and inflation is making them even suffering to pay rent the whole system won't survive another 0% interest rate era.

Which means that lolbertarians are about to take over as reality returns due to the brrrrr system entropy incrasing to unsustainable levels.

[Anonymous No.17815980]

>>17814710
The best thing you can do right now is keep your money, we will get lower and you will get an opportunity to snag up some really cheap corns or stocks.

[Anonymous No.17815994]

>>17814710
Hmmmm should you pay down a debt that charges you 22-27% in interest a year. Or should you invest into an asset that could go up 50% or down 50%?

This might be one of the most retarded questions I’ve seen on this board. Congrats OP.

[Anonymous No.17815997]

>>17814710
deflation boy, start buying gold after it has bottomed out

[Anonymous No.17816012]

>>17815475
>My alcoholic ass needs a bottle of whiskey and I don't have any money or a job, so I'm going to open a credit card. This is the easiest solution, so it's the best.

[Anonymous No.17816089]

>>17815475
Kind of true in isolation.
But the QE and lowering of interest rates, take place in the context of already existing QE and low interest rate.
We had sustained economic growth for +10 years, reaching new ATH in the stock market, but the FED was unable to raise interest rate and unable to get rid of the debt/assets they had bought.
Ideally QE is a legitimate tool in circumstances like this, but they will have to not have bought these bonds/debt on a permanently basis, otherwise it will just be inflation.