• catloaf@lemm.ee
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    1 month ago

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

      • catloaf@lemm.ee
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        1 month 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
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        1 month 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
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          1 month 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.