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re: Is anyone else out there concerned about an economic collapse.

Posted on 7/3/20 at 11:03 am to
Posted by LSURussian
Member since Feb 2005
133408 posts
Posted on 7/3/20 at 11:03 am to
quote:

don’t see another bailout happening with the newest jobs report.



well trump already said it happening so better inform yourself
Trump said he would support another COVID financial assistance bill. He did NOT say it is happening.

So, better inform yourself.
Posted by DVinBR
Member since Jan 2013
15177 posts
Posted on 7/3/20 at 11:06 am to
Posted by stout
Porte du Lafitte
Member since Sep 2006
178999 posts
Posted on 7/3/20 at 11:13 am to
quote:

I'd want to argue RV buyers generally aren't the most savvy investors, but considering I heard a marketplace interview with the Atlanta Fed Bank president the other day where he phoned it in from his RV out west, I guess my assumption of the financial acumen of an RV buyer is wrong.



The theory of why people are flocking to RVs is because they are scared to fly or stay in hotel rooms due to COVID and international travel is sketchy at best so many are using their cancelled Summer vacation money and their fears to invest in an RV instead.

The wife and I are going to travel the country for a year or 2 is why we want one. I can run my business from anywhere so we want to due a lot of travelling while we are in our 40s and can enjoy it vs waiting until retirement and something like hiking is less enjoyable due to age or health concerns. That and our 1 month trip to Europe and a 1 month trip to Asia/Indonesia were all cancelled this year because of COVID.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 7/3/20 at 11:16 am to
I’ve been thinking of investing in precious metal backed ETFs recently, and maybe in some precious metals I keep by my side locally.

Nothing insane, but you never know about the viability of the American dollar in the future
Posted by wadewilson
Member since Sep 2009
39807 posts
Posted on 7/3/20 at 1:03 pm to
quote:

Just tell the boomers it's another middle eastern military engagement, and we'll find money for it.


I got 48 upvotes and 48 downvotes with this comment.

Is it possible I've found the exact spot where the OT splits?
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