Banks are estimating 65% odds, people are dumping us Treasury bonds, there is reporting of a purposeful weakening of the dollar, and I’m seeing the first price hikes enacted. Any suggestions for how to prepare for the shitstorm that’s coming?

  • ThePowerOfGeek@lemmy.worldEnglish
    16·
    5 days ago

    Like others here, there’s not much extra I can do. My job seems very stable, I have no auto loans, both the family cars are in okay condition, I have a fixed rate mortgage, health is okay, and aside from one small loan I am paying back the debts aren’t bad.

    A bottle of things I need to revisit:

    • I stocked up on non-perishable foods that my family will eat. But I need to do a bit more on this front.
    • I’m trying to cut back on extra spending. This is the biggest problem I have right now. Mostly due to unexpected bills and death-by-a-thousand-cuts small purchases.