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this post was submitted on 13 Nov 2024
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Will this happen before or after Trump is in office? I feel like if the capitalists initiate the collapse during Biden's admin, they could get away with a lot more stuff under Trump.
They could also be changing stocks into cash simply because they expect higher interest rates for it under Trump.
Seems pretty likely that it'll happen within the next 4 years.
While?
sorry, what is a higher interest rate mean? isn't that a good thing to have a higher interest? so you can get more money from your stock investment?
should i uh, take my life savings out of the stocks?
Depends, it's certainly a good thing if you're a bond holder, you're getting more returns for your money. But its a bad thing for everyone else, higher interest rates means higher mortgages, car loans, credit card debt, student loans, business loans, etc...