Maximus wrote:GR
Its time to start thinking about investing in European assets.
The Euro vs the US Dollar is 1.04, historical value is around 1.30. If it every makes parity it will be the first time in 20 years.
All major stock indices are down. Crypto is at 22k. Gold is coming down but we are in an inflationary environment.
Opportunities like this to buy cheap dont come around that often. everything is on sale.
Dont buy in to the short term doom and gloom merchants, making everyone fearful.
These bar stewards setting policy will do a 180 in no time and everything will reverse course.
What you’re saying would be very valid had this been some temporary normal recession that shows up once every decade or so… but things are very different now; the reasons for the slump are new and unique (uncharted territory) and I believe very long term.
The West has made some very serious and seemingly irreversible errors that will have profound repercussions on its future, and as if this wasn’t bad enough they’re also determined to make things worse by also antagonizing China.
The China issue is going to escalate soon because the old US geezers at the helm; who have one foot in the grave and are the last anti-soviet dinosaurs still standing, seemingly want to have one final crack at the “USSR” before they go because they have nothing better to do anyway.
They live in the past and couldn’t care less about the future because they don’t have one anyway.
Their families have billions to live off thanks to all the kickbacks they’ve enjoyed after long political careers in the world’s most corrupt entity, and now it’s all a game to them to see how far they can push their old nemesis.
Ultimately, the sum of their actions will eventually leave the West completely devastated and in need of outside help, and when that time comes I suspect it is Russia that will start bailing out European countries… but at Russia’s terms!
Russia has been geographically blessed with endless hydrocarbon and rare earth mineral sources so their supplies will never run out for centuries, and even if the world was to move on to alternative energy sources it’ll still need those rare earth minerals/elements for such technology to exist.
America on the other hand, will not be able to survive by making both Russia and China their sworn enemies because the two combined can completely starve the US from so much… that there would only be one direction for the US… down.
I have complete “faith” in America’s dinosaurs who are hell-bent on wrecking the West entirely; we’ve already witnessed how far they’ll go, so I wouldn’t spend a dime investing in the West right now because it looks very grim and I can only see it getting worse in the future.
