So boys, the economy collapses about every 6-8 years. How are you preparing?

So boys, the economy collapses about every 6-8 years. How are you preparing?

Taking out massive short positions?

Bitcoin

Trumpcoin and silver bullets.

>every 8 years
>1929
>2009
>2016
mfw hes right

>>every 8 years
>mfw hes right

chortle

also why no 1987 when that's every hedge fund managers youthful market crash experience story

ABX long

>tfw 8 years ago was 20 years ago

Where has the time gone

Couple hundred ounces of silver, gold is overvalued as fug.

this also cash to buy the dip in he stock market

Precious minerals (gold, silver, looking into lithium).

Recession "proof" stocks: "sin industry" stocks: hooch, weedlmao, porn, no casinos though.

Pharmaceuticals, healthcare companies, tax service companies, gravediggers, waste disposal companies.

Remember kids, when the petrodollar collapses profit is out the window and investing will be a matter of losing less than you would with fiat.

...

>cash when fiat will be worth less than the paper it's printed on.

Scars on my face.

well OP is right

Is money inside the bank safe?

Should i keep it home?

And by the way. Wich money will suffer the most?

Emerging markets currencies will suffer the most. USD, Pound, and Euro will likely suffer the least due to intertwined financial systems and governments. Mark, francs, etc. are iffy but may be fine in the long run.

>marks
>francs
that shit still exists?

This is a known trend.

The market is being held up with massive manipulation. You won't witness a crash until rates are raised.

>he keeps his """money""" in USD, not BTC

Alternatively, we'll still get a crash, but this time they won't be able to lower interest rates any further to cushion the blow. It'll be straight up depression time.

stocking up on butt plugs and petroleum jelly

By not holding long positions. Can't get wet if you aren't in the rain. Just sit out the storm, buy everything on sale, and become the new 1%. I personally can't fucking wait for the next crash.

>All of these fucking goddamned retards

This board is really starting to piss me off. To actually answer your question, OP, we're almost certainly going to hit a mild to moderate recession within the next 5 years. If you're a long-term investor, there's no reason to prepare for anything. Just get some good deals when it happens.

Holding 100% cash outside of tax advantaged space

I assume you already have kneepads? Or are you expecting quality kneepads to disappear from the market altogether? Plz answer many livelihoods here rely on them

How can I take advantage of the collapse?

buy knee pad futures

Throwing all my money at S&P options after SHTF and the market starts going up.