I swept about another 25% of my chips off the table. I’m waiting out the storm with about 50% of my assets in high and dry cash and cash-like equivalents.
Stocks have and will continue to tank. Interest rates will skyrocket in a few minutes someday, killing long bonds. There is no safe harbor.
There is no wealth creation, anywhere in the world.
This is just plain ugly.
How do you escape a World Wide Wealth and Productivity Collapse?
Move funds to somewhere like Switzerland with your deposits in Swiss Francs?