This is all preparation for the new “digital dollar”, a sort of fiat currency that is subject to the whim of the moment. If you are into precious metals (gold, platinum, silver), the swamp of the economy may not be so severe individually, but only a few will have the means to be holding significant quantities of precious metals or gemstones like uncut diamonds. Sidearms and ammunition might be more effective.
The signs have been hanging out there for months, but either the majority has ignored them, or has been unable to come up with the means to invest is more stable assets. Real estate, in and of itself, is not a particularly good hedge against the coming precipitous drop in economic activity, but it might provide a temporary refuge for a short while.
“digital dollar”
Sweden pretty much phased out printed money.
The UK is rapidly phasing out printed money.
The US is strongly considering following in their footsteps.
This is mainly for better tax collection. The Third World invaders don’t like paying taxes on their incomes.
This has been worrying me since 2007 or thereabouts, and I have tried to prepare.
Problem is, I don’t think I have prepared enough...