I've been hearing a lot about basically the dollar losing its value and is going to
collapse within the next 5 to 10 years, maybe sooner.
So i'm starting to think about how this will affect me personally and what should I be doing to prepare for this? Obviously crypto-currencies are intriguing to me and seem like the block chain and the crypto-currencies can possibly be the next economic structure that we put into use.
But I'm seeming to have trouble the current economy in the USA. Just recently I lost my job and I don't have a ton of savings. Despite that i'm trying to put myself in a position where when something like this happens, I'll still have the ability to function in the new economy.
But it's kinda difficult to figure out what I need to do, due to my financial position as it is right now. Credits not great, has some student loans(not huge), some credit card debt, unemployed.
I've hit some hard time, but i'm still optimistic. A lot of other opportunities and potential jobs being opened up for me. I don't want this post to be a pity party.
I just was asking " well what if the dollar collapses and the economy changes, then what's going to happen to things like debt, credit scores, and government student loans??? Trying to prepare for this bit daunting because who knows what's going to happen to the economy.
If anyone does have some great insight or can share with me some info that would be great.
I've been watching the Dollar Vigilante a lot and he seems to have a lot of good advice and knowledge on this subject. If he could make a video about this or comment on my post that would be awesome! Someone share this with him Hahaha lol
But anyways OK obviously I'm going to try and pay off loans and debt before this happens, but who knows when that could happen. You know?
Just wanted to let you guys know how I'm feeling about the economy, crypto currencies, investing and things like that. Hope you can understand where I'm coming from, but I just want to know what are your guys thoughts about those things? Also what are you doing to prepare for this.