Hard to say. It's easy to identify safe investments, but if you look at markets, money has flooded there already. People get paid to think about this sort of thing day-in-day-out.
People need food, shelter, and medicine, so those are well inflation-protected. But housing prices would collapse if everyone is unemployed for long. Food producers may get sued of COVID19 outbreaks which are happening at plants already (essential workers, no PPE). And hospitals may be overloaded for a long, long time in ways which are quite complex.
And you can't eat gold. It's as fiat as anything else.
We're looking at a potential major collapse. It's hard to shield yourself from that.
Education is always a good investment, I guess. Schools are desperate for students and tuition, and not a bad place to weather a crisis.
> And you can't eat gold. It's as fiat as anything else.
It's a good way of inter-generational wealth storage still. Also it's useful along with a basket of currencies to diversify with especially in countries with high inflation or value volatility e.g. Venezuela. It's highly regarded in 2 of the most populated countries in the world (India and China) and that is not apt to change any time soon.
Sure, in a full grid-down situation it's useless and "junk silver" would be more useful as a temporary currency but that is a slim possibility.
People need food, shelter, and medicine, so those are well inflation-protected. But housing prices would collapse if everyone is unemployed for long. Food producers may get sued of COVID19 outbreaks which are happening at plants already (essential workers, no PPE). And hospitals may be overloaded for a long, long time in ways which are quite complex.
And you can't eat gold. It's as fiat as anything else.
We're looking at a potential major collapse. It's hard to shield yourself from that.
Education is always a good investment, I guess. Schools are desperate for students and tuition, and not a bad place to weather a crisis.