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Economically, how can concerned Americans prepare for the worst? (lemmy.ml)

submitted 1 day ago by [email protected] to c/[email protected]

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I do not want this to be a political debate nor an opportunity to post recent headlines. However, in my opinion, this administration seems to be taking actions which history suggests may lead towards a near or total economic collapse. Whether you agree with this or not is irrelevant.

This post’s question is: If one were to have a concern that they’d no longer be able to afford common household goods or that mainstream (S&P, Nasdaq) financial investments were no longer sound, what can one do to prepare for “the worst”? What actions could someone take today to minimize economic hardship in the future?

I would also like thoughtful insight from older adults to offer younger adults about how they should be better preparing themselves for an uncertain future, outside of current events or place of residence.

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[–] [email protected] 3 points 8 hours ago (1 children)

Yeah my wife uses Market Place, but for me their privacy policies and data gleaning steered me away. Craigslist is still big and busy where we are in the Vancouver area. Either way it good to connect locally.

We bought 6 Eggnog oat/ soy milk on sale from grocery store. Odd taste compared to other brands, rather than return my wife put it for free on Market Place, and some family came and got it. They were so happy since it was their favourite kind.

We found a 7 foot tree for free, a retired dude was having to leave his apartment to go into longterm care. We offered him cash for it, but he wouldn't take it. My wife took a cutting and propegated it for a while, then we dropped it off at his care home with a watering can so he can continue growing his tree. They keep in touch once in a while.

I think these moments got lost for a while with the technology boom, and people staying home being constantly entertained.

[–] [email protected] 2 points 7 hours ago

I think these moments got lost for a while with the technology boom, and people staying home being constantly entertained.

Yeah I am old enough to remember that world. Back in the day people in normal course of life were able to make social connections, now there is three fucking corpos in ever interaction and people don't have skills to socialize.