• eestileib@lemmy.blahaj.zone
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    2 hours ago

    Yup I moved mostly out of usd, no stocks listed in the US, no US Treasuries.

    I see either default or massive inflation or both in the cards for the US very soon.

    • isleepinahammock@lemmy.blahaj.zone
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      2 hours ago

      I’m still invested in some US stocks, but I’m switching my US market exposure to an index fund that weights by actual sales, revenue, and other objective factors, rather than market cap. Companies don’t even get into the index unless they turn a profit first.

    • Zetta@mander.xyz
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      2 hours ago

      “Very soon” that’s what’s been said for years now. I too think this isn’t sustainable, but it sure feels like it’ll keep rolling for a number of years.