• catloaf@lemm.ee
      link
      fedilink
      English
      arrow-up
      7
      arrow-down
      1
      ·
      25 days ago

      If you have large amounts of liquid cash and plan to buy the dip, yes!

        • catloaf@lemm.ee
          link
          fedilink
          English
          arrow-up
          5
          ·
          25 days ago

          That’s only because you’re not looking at decade timeframes. Pro tip, buy a bunch of cheap real estate now and it’ll be several times more valuable in the future!

          What do you mean you can’t afford that? Have you tried being born to rich parents?

        • A_Union_of_Kobolds@lemmy.world
          link
          fedilink
          arrow-up
          3
          ·
          25 days ago

          Eventually, over several years, the economy expands enough to recover those losses.

          Collapsing into full civil war would be pretty much the only way it doesn’t. Which isn’t out of the question

          • catloaf@lemm.ee
            link
            fedilink
            English
            arrow-up
            3
            ·
            24 days ago

            Even full civil war wouldn’t do it. The NYSE has been operating mostly continuously since 1817 (and even longer under different organization).

            To permanently collapse the US economy, you’d have to collapse the entire country government, and a lot of the infrastructure too. Even if the government shuts down, private industry keeps running.