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Economically, how can concerned Americans prepare for the worst? (lemmy.ml)

submitted 4 days ago by oxjox@lemmy.ml to c/asklemmy@lemmy.ml

107 comments fedilink hide all child comments

I do not want this to be a political debate nor an opportunity to post recent headlines. However, in my opinion, this administration seems to be taking actions which history suggests may lead towards a near or total economic collapse. Whether you agree with this or not is irrelevant.

This post’s question is: If one were to have a concern that they’d no longer be able to afford common household goods or that mainstream (S&P, Nasdaq) financial investments were no longer sound, what can one do to prepare for “the worst”? What actions could someone take today to minimize economic hardship in the future?

I would also like thoughtful insight from older adults to offer younger adults about how they should be better preparing themselves for an uncertain future, outside of current events or place of residence.

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[–] IDKWhatUsernametoPutHereLolol@lemmy.dbzer0.com 5 points 4 days ago (1 children)

Yea about that...

My family waited 13 years on a waitlist before getting an immigration visa to the US, other places, such as the EU is much stricter, most Americans aint going anywhere. Can't even claim political asylum since most of the world still considers the us a democracy.

[–] wewbull@feddit.uk 1 points 4 days ago (1 children)

I think the EU depends on your country of entry. Some countries are under much more pressure than others. Also a lot comes down to your skill set.

[–] sunzu2@thebrainbin.org 1 points 4 days ago (1 children)

Also a lot comes down to your skill set.

Which country in EU is doing immigration based on skill set?

[–] LH0ezVT@sh.itjust.works 1 points 3 days ago

I think a lot of them, actually. Germany certainly does.