Greater Depression General

How are you preparing?

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hey steve bannon, we see what you're doing

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No matter how much you prepare, your boomer mom and dad aren't. They have all their money in real estate and the stock market. Are you ready to support them when the market collapses? After all, they need to maintain their high standard of living regardless.

I'm just going to keep piling money into my 401(k) and IRA. Meanwhile I'm also saving a large amount of cash so I can get a good deal when condos in my city drop by 50% and the banks are desperate for new mortgages.

Ya because retirement funds did well in 2008.

They did if you just held through it and kept contributing

Your boomer parents arent going to live long enough to hold through. They will need that money right away. You better find a way to support them.

I mean they bounced back in 2 years so they kinda did.

Rice, beans, and silver

Buying an AR and some other gear after xmas

Yeah because the fed will be able to print their way out of recession like they did the last time without causin massive inflation...

Genius, retirement funds are for long term investing and you still earn dividends. You're probably 17 working at mcdonalds with a couple hundred dollars to your name. You don't know anything.

What if you are retired and relying on those funds, and they start shrinking massively? Back to work for mom and dad.

fixed rate securities?

i have my own property, so the worst thing that can happen is no electricity, food or water. In that case i'll start to farm

As if boomers have these. They fully believe in the lie of perpetual market growth.

You weren't even alive in 2008, brainlet

lol no, they can buy a Winnebago and live out of that for all I care. Thinking videogames and pressuring their kids to go all in for uni is a substitute for parenting, and still being too fucking selfish to stay together for longer than half a childhood. They made their bed. I remember begging my mum, literally begging her to sell her house in 2006 to erase all her long standing post divorce debt, and she got BTFO during the 2008 meltdown so she is already used to scrambling during hard times.

>Thinking videogames and pressuring their kids to go all in for uni
They knew you were a brainet. you can just thank them for letting you have a hedonistic childhood, and be hapoy while yiu stilk could. You were never going to make it anyways

My whole life has been a great depression. Nothing will change for me.

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Say what you will his hair is still looking good

i watched the fight club once

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consumeristic luxuristic resources draining cunts will need to learn to live a modest frugal life like proper human beings, sad
lmao degenerates btfo

I'll be buying a gun after I move, but in terms of investments I plan on putting my money into T-Bonds, TIPS, T-Bond mutual fund, Dollar General Stock, Verisk Analytics stock, some shorts on the major indexes, and some money in gold and silver.

This is why you get TIPS.