Banks are estimating 65% odds, people are dumping us Treasury bonds, there is reporting of a purposeful weakening of the dollar, and I’m seeing the first price hikes enacted. Any suggestions for how to prepare for the shitstorm that’s coming?

  • neidu3@sh.itjust.worksMEnglish
    7·
    12 days ago

    Not a whole lot I can do beyond what I already have done for unrelated reasons:

    • mortgage is on fixed interest.
    • car loan is mostly funded by some extra money I have coming my way.
    • employment contract is pretty solid and includes a hefty severance package if ended prematurely.
    • Valmond@lemmy.world
      1·
      12 days ago

      It’s wild some people don’t take mortages in fixed values. Especially when it’s already low.

      And if rates goes lower, you can renegotiate your fix one.

      • Ajen@sh.itjust.works
        1·
        12 days ago

        An adjustable rate is the right choice of you’re confident rates will drop and you can accept the risk of being wrong.