Talk of The Villages Florida - View Single Post - Fasten your Financial Seat belts ... Month #3
View Single Post
 
Old 04-07-2025, 03:17 AM
skarra skarra is offline
Senior Member
Join Date: Dec 2019
Posts: 142
Thanks: 54
Thanked 409 Times in 98 Posts
Default Fasten your Financial Seat belts ... Month #3

It's very sad to see this happening. Sitting on the sidelines, it looks like a perfect brew that could push the world into a recession or worse.

Hopefully everyone has a cash hoard like our billionaire friends have prepared for. Cash is king right now, even if you do nothing with it. Don't try and catch a falling knife as they say - hang onto cash until Buffet and his like start spending again which could be years away.

I wonder if this is the inflection point that China has been waiting for? Time will tell. Let's hope this doesn't do a number on social security.

Good luck everyone. More turbulence coming.