Are we into a recession ?
Ladies and gentlemen,
Let’s take a moment to reflect on what happened in Venezuela. In the blink of an eye, everyone became a **multimillionaire**—not because the economy was thriving, but because hyperinflation piled up so much worthless money, people could barely carry it. Piles of cash with no real value. It’s a harsh reminder that money itself is not an asset if it can be manipulated to the point of collapse.
So, **where do you put your money?** This is the burning question in today’s uncertain economic climate. We’ve seen trillions wiped out of the stock market, and people are starting to worry. With central banks printing money and stock markets artificially inflated, where do you go to preserve your wealth? What is truly an **asset**?
An asset is something that holds value over time. But to understand how long your asset will last, you need to know two things: its value and the cost to maintain it. The reality is, if you’re holding onto an asset that requires too much upkeep, or worse—its value is tied to a depreciating currency—its lifespan will be cut short.
**Look at what’s happening right now.** The stock market, once soaring, is starting to falter. The markets are high, but we all know the **Feds** are coming. The next **FOMC** meeting will likely bring changes, and many are anticipating interest rates to be cut. We’ve already seen **50 bps points** pinned from previous CPI data, but the big question remains—what’s going to happen with rising geopolitical tensions in the **Middle East**, upcoming elections, and Japan’s interest rates, which have been low for so long?
This brings me to a crucial point: the **acquisition of the right assets.** In uncertain times like these, it’s not about following the herd into the stock market or real estate. It’s about finding assets that will **survive and thrive**. And I believe we’re going to start seeing a shift. We might witness **America considering Bitcoin** as a part of its reserve. Think about it: decentralized, free from the manipulation of central banks, and capped in supply.
Ladies and gentlemen, as we navigate this economic landscape, remember: **it’s not about chasing inflated markets or relying on printed money**. It’s about securing assets that have true value and can withstand the tests of time and turmoil. The future belongs to those who understand this fundamental truth.
Copyright © Kamogelo Maubane | Year Posted 2024
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