I personally don't think collapses are coming any time soon but I think healthy diversification is best. Dont go all in on crytocurrency but definitely get some exposure to it because it the dollar or another prominent currency ever were to collapse it would be a great hedge.
RE: The coming collapse - Debt Based Economies and why you should stock up on Crypto-Currencies. Explained!
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The coming collapse - Debt Based Economies and why you should stock up on Crypto-Currencies. Explained!
The average person won't be able to go "all in" because most people are too busy with the things that are necessary in life, the biggest of which being a house. Most of the debt in the world has been accumulated since 2008 when Lehman brothers collapsed. Have we learnt our lesson? Have we buggery. Like I said in the blog, the only thing that will bring about change, is the big money pulling from the stock market. If this doesn't happen it will be business as usual and the banks will continue getting bailouts. The only thing that is going to cause the big money to pull from the stock market is an asset or currency that isn't gold that is safe from the current banking system. Gold isn't exactly easy to spend or "divide" into smaller denominations. The big money knows that governments will keep bailing out the banks. They aren't scared... yet.
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