Can not dispute any of your points, I agree with most of them. I was disappointed in Yellen, because she was taking the hit to cover Brandon, I expected more from him... Crypto's crash is long over due. Wonder how long it will take for heads to roll. Bernie Madoff went to Jail for a lot less.
Economy has been crap since the end of the W era, brought on by High Oil Prices...Big boys benefited by cutting jobs, freezing wages, and sending manufacturing off shore. Government is clueless and does nothing but pander to the supporters of the regime in power at any given time. Knee jerk Tariffs, didn't make us greater or bring jobs back, just caused higher consumer prices....long before the media rediscovered the I word. Covid, showed the masses just how much we depended on off shore manufacturing, and how vulnerable we were because of it. Big Boys, just cut orders and raised prices. We got stimulus, and more higher prices....Now we are figuring out we are in a permanent state of recession, while the big boys pull money out of bonds, to force rates up, bail on stocks and pour their money into Oil Futures to jack up Oil Prices Wash, rinse, repeat...
When Yellen was on the Fed, she was doing the right thing, she was fired and replaced by Powell, because new boss wanted free money for the banks, and for the fed to take the banks mistakes off their hands. Times change, Powell claims to buy into the New Monetary Theory, and sits on his hands until he is reconfirmed before taking action...opps...too late... Wash, Rinse, Repeat...
I also believe a crash is on the books,maybe like 2008 but I am worried a lot worse, bank win regardless as they control the flow and gave an inside view of the interest shifts, hone owners always suffer if tied to a mortgage, we are debt free, warn our kids regularly to not get debts, get ignored, but I keep a preppers kit
Brexit, Covid, Russia, all these are still in the mix.
cash, food, cleaning goods, tinned and packet food, water treatment, security, solar - although it is mains grid dependant, wood burner and own wood and wood cutting and storage and so,at to dry, collect water off roofs for grey water - plants animals, I grow and collect seed, so if push cones to shove I can grow
food, first aid, medicine, spare new bedding, spare new clothes,
all a good standby against issues, allowing a buffer and a change of direction.other half has a good pension and if health and time allows can build it to the tax limit, and I am still a cheap skate checking how I spend cash. I can can, make alcohol, dehydrate, blah blah
Yeah, I do not gamble on the likes of bit coin, and although we twice did well on stocks. we got out of it sone time back other half says he can smell something bad coming, and we only ever invested what we could afford to lose, and luckily we did well.
Am updating house at present, improving bathroom,utility, polytunnel,the squash are last years not current, plus we have an orchard, apples,pears,plums,a few nuts, walnut,hazel,sweet chestnuts, also fruit bushes, red,white,black currents, elderflower, blackberries, Hawthorne (yes fruit minus seed is edible) seabuchtorne, raspberries,strawberries, a few blue berries and gooseberries,rhubarb, sorbus (not great food but food) greengages (my personnel favourite) cherries - birds get those usually, quince (lol do not eat raw!) figs, well I say fogs I gave 3 good sized plants and have eaten one fruit lol, and three tea plants, I make wine,sone I purposely turned to vinegar, and normal veggies, so basics are set in order, and we are in a reasonably inconspicuous place,