Conversation

Notices

1. Embed this notice
   lainy (lain@lain.com)'s status on Saturday, 25-May-2024 20:13:24 JST lainy
   will the ecb cut the daylight savings rate?
   • kaia likes this.
   • Embed this notice
     kaia (kaia@brotka.st)'s status on Saturday, 25-May-2024 20:18:25 JST kaia

     in reply to
     @lain
     news like:
     - recession very likely 85% of experts say
     - Germany already in recession Zentralbank states
     - why people wrongly think the US is in recession
     - why the US dollar is the safest currency during a recession
     
     :mukiHelp:
     lainy likes this.
   • Embed this notice
     jonossaseuraava (jonossaseuraava@post.ebin.club)'s status on Saturday, 25-May-2024 20:19:53 JST jonossaseuraava

     in reply to

     • kaia

     @kaia @lain

     • why the US dollar is the safest currency [during a recession]

     militaryindustrial complex + money printer

     kaia likes this.
   • Embed this notice
     lainy (lain@lain.com)'s status on Saturday, 25-May-2024 20:21:33 JST lainy

     in reply to

     • kaia
     • jonossaseuraava
     @jonossaseuraava @kaia i have a rather big exposure to USD... maybe i should hold some more EUR but it doesn't seem like a good idea. maybe CHF?
     kaia likes this.
   • Embed this notice
     kaia (kaia@brotka.st)'s status on Saturday, 25-May-2024 20:23:35 JST kaia

     in reply to

     • jonossaseuraava
     @lain @jonossaseuraava
     yesterday bought more gold. dunno what to do with assets in EUR and what to do with limited amount of global ETFs? if USD and EUR inflate, will holding CHF help seeing the economic entanglement?
   • Embed this notice
     lainy (lain@lain.com)'s status on Saturday, 25-May-2024 20:25:51 JST lainy

     in reply to

     • kaia
     • jonossaseuraava
     @kaia @jonossaseuraava i'm not that worried about stocks, there are generally real companies behind that won't crash to zero just because the currency dies, but i'm holding more cash than i used to because of the good interest rates. I'm like 60% in crypto though so I think I should be safe whatever happens.
     kaia likes this.
   • Embed this notice
     jonossaseuraava (jonossaseuraava@post.ebin.club)'s status on Saturday, 25-May-2024 20:28:39 JST jonossaseuraava

     in reply to

     • kaia
     @kaia @lain
     assets.... haha yeah.
     
     Maybe one day i'll get to worry about those
     kaia likes this.
   • Embed this notice
     kaia (kaia@brotka.st)'s status on Saturday, 25-May-2024 20:29:45 JST kaia

     in reply to

     • jonossaseuraava
     @lain @jonossaseuraava
     I barely made a return on my ETH investments, so I'm unsure whether to add more. wanna diversify more, but bf and I don't have enough money yet to invest in land. to get that kind of money, people gotta die first :aievil: (G*d forbid)
   • Embed this notice
     lainy (lain@lain.com)'s status on Saturday, 25-May-2024 20:31:44 JST lainy

     in reply to

     • kaia
     • jonossaseuraava
     @kaia @jonossaseuraava i'm too scared of getting land or real estate in the current situation, it seem to unstable and it's impossible to take with you.
     kaia likes this.
   • Embed this notice
     kaia (kaia@brotka.st)'s status on Saturday, 25-May-2024 20:35:12 JST kaia

     in reply to

     • jonossaseuraava
     @lain @jonossaseuraava
     understandable. but even under the Nazi regime where they shot some relatives for being enemies of the state, the properties remained. it's a risk definitely, but I think it's less risky than having it in Eurodollars.
     lainy likes this.
   • Embed this notice
     lainy (lain@lain.com)'s status on Saturday, 25-May-2024 20:38:11 JST lainy

     in reply to

     • kaia
     • jonossaseuraava
     @kaia @jonossaseuraava i think my main worry there is that for most people, getting a house or apartment will be a huge chunk of their net worth, like 70%+, and that would be too risky for my taste.
     kaia likes this.
   • Embed this notice
     Ursidinoj/The Bjornsdottirs (ellenor2000@mastodon.top)'s status on Saturday, 25-May-2024 20:41:32 JST Ursidinoj/The Bjornsdottirs

     in reply to

     • kaia
     • jonossaseuraava

     @lain @kaia @jonossaseuraava land in a stable country would be a good investment because, failing all else, as long as you have viable seeds, you can grow food for yourself and your friends and enemies

     kaia likes this.
   • Embed this notice
     lainy (lain@lain.com)'s status on Saturday, 25-May-2024 20:42:19 JST lainy

     in reply to

     • kaia
     • jonossaseuraava
     • Ursidinoj/The Bjornsdottirs
     @ellenor2000 @kaia @jonossaseuraava yeah, but i'm not preparing for the zombie apocalypse, i'm preparing for "kill the kulaks".
     kaia and Fish of Rage like this.
   • Embed this notice
     Ursidinoj/The Bjornsdottirs (ellenor2000@mastodon.top)'s status on Saturday, 25-May-2024 20:44:44 JST Ursidinoj/The Bjornsdottirs

     in reply to

     • kaia
     • jonossaseuraava

     @lain @kaia @jonossaseuraava a communist revolution is very unlikely. kulaky are a favoured class and will continue to be for a long time

     kaia likes this.
   • Embed this notice
     :vepi: tropical edition (goo@dobbs.town)'s status on Saturday, 25-May-2024 20:47:05 JST :vepi: tropical edition

     in reply to

     • kaia
     • jonossaseuraava

     @lain @kaia @jonossaseuraava a lot of my wealth is tied up in plantation land, that should be okay unless global warming really picks up the pace

     kaia and lainy like this.
   • Embed this notice
     lainy (lain@lain.com)'s status on Saturday, 25-May-2024 20:49:09 JST lainy

     in reply to

     • kaia
     • jonossaseuraava
     • :vepi: tropical edition
     @goo @kaia @jonossaseuraava buying some seaside property in the swiss alps