The next 20 years seem like they could wreck the US economy. - competition from China/India - expensive wars - water shortages - climate change - an aging population - obscenely expensive medical system Etc. seem like they should all tank the stock market. I think COVID’s effect on the economy will be mild compared to some of these. How do you manage to keep up your optimism in the market? Tc 100k
Buy T bills
What duration?
There have always been great horrors and long term stocks have gone up. It’ll be fine. But maybe don’t invest in beachfront real estate and remember to diversify country/industry/etc. Buying 10 different US tech stocks is not diversification.
FED printing press
Yeah it’s hard to justify short term investments when the FED is literally saying “we want the stock market to decrease”. Hopefully the long term investors aren’t hurt.
America has the strongest military-industrial complex, banks, and intelligence agencies in the world. Those unscrupulous fellows won’t let the USA lose to anyone
I think the fear is that we’ll lose to debt. $30 trillion is a mind numbingly huge amount to owe, and we might not be able to comfortably borrow as much in the future for these other issues that’ll come up.
That’s a game played on made up rules anyways. Also China could pull the plug on our economy whenever they want but that would be mutually assured destruction, we are their biggest customer. None of their neo-colonialism in Africa can outweigh that fact
Go short SPY and ignore for 20 years, let us know when you blow out.
I want to short Tesla so bad but don’t quite have the net worth to risk it
Americans are on average very rich and productive Aging/medical expenses are contributing to the GDP. It just means we need to work more to have more savings; which is also contributing to the GDP US geopolitical and economic system is doomed for success Wars are a business for US. They always benefit. Climate change is biggest risk factor tho. Unless republicans understand that it is a real issue, that could go to shit.
American richness cones from exploitation of cheap labor and other country natural reserves. There is hardly any real job inside the country.
Not true American economy is actually relatively independent of RoW, with only 1/3 of GDP coming from global trade. That’s more like 2/3 in other developed economies.
Just invest in gold/real estate instead. Those are good for uncertain/difficult times
Source: my tea leaves
This is my source for intellectual arguments https://m.youtube.com/watch?v=r7l0Rq9E8MY&feature=emb_title
PLAYED COLLEGE BALL YA KNOW
Not really, china has an aging population with it being a pepe tiger and climate change isn't really a big problem as everyone makes it out to be
Aren’t the factors you listed same as 2002 to 2022?
None of these have really materialized in that time frame but they’re on the horizon. Also only tech and owners of real estate have done well. I wouldn’t really want to be an American cashier, teacher, nurse, or middle class worker at the moment because the chances of them building up a million dollars for a home are near zero. Also our debt is at 30 trillion or whatever now.