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by cft 2999 days ago
Value store, which will come in handy after US defaults on its debts.
3 comments
deadmetheny 2999 days ago
In the extraordinarily unlikely chance of that happening you're going to want guns, ammunition, and a food supply, not digital Beanie Babies.
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RivieraKid 2999 days ago
Value store is not an investment. And a US default is extremely unlikely.
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weavie 2999 days ago
In your opinion, what is the probability of that happening?
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cft 2999 days ago
In my opinion, it will happen around 2040 with almost certainty, but probably in the form of hyperinflation out of debt, rather than actual default.
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criddell 2999 days ago
If you think hyperinflation is coming on, you should be buying as much real estate as you can right now and lock in a 30-year low rate financing. When hyperinflation hits, your debt will just evaporate away!
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banderman 2999 days ago
Are there specific reasons for that particular date?
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