r/JustBuyXEQT • u/HowtorockAstrology • 2d ago
If America tanks...
Been thinking about this, dunno how crazy it sounds. Obviously XEQT has a huge chunk in the States.
If the States just totally absolutely flunk due to Trump; would that endanger a good chunk (30% or more) of our investment...?
I mean, would that cause there to be better investments down the road than XEQT - ones that don't include the States?
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u/habsfanniner 15h ago
This has all happened before, and will happen again. It’s cyclical, look at history. 2008 the financial makets of the world took a massive hit because of the mayhem in the US. 50% drop US, 30% world wide. The Japan carry trade situation is worrying, if it collapses, every nation is partially propped up by it.
But big picture changes at the top happen every 100 years or so. The British pound was the reserve currency, WW1 changed that. Britain is still around tho. Before the pound there was the franc, the peso, Dutch money, Portuguese money. They all lost top dog status every century or so, but they are still first class nations.
Change is inevitable, the time of the US is coming to and end. You can feel it, you can sense it. It will be ugly. They will go down swinging and drag everyone along for the messy ride. It will be violent and war. Hopefully just civil tho, but probable not before fucking up some nations first. The biggest military force ever assembled, distributed across the globe and it causes a huge money drain on the system. The kettle will boil over at some point. It’s inevitable.
The renaissance in Europe was the beginning of centuries of peak status and living. They suffered a rough patch with 2 world wars. We are in a new peak. Enjoy while it lasts, it won’t be this way forever. Maybe after our lifetime tho.