cross-posted from: https://lemmy.world/post/44699253
This is clearly a sign that the product failed to draw in enough customers and its viability was overhyped.
Hopefully, it is the start of the AI bubble bursting.
cross-posted from: https://lemmy.world/post/44699253
This is clearly a sign that the product failed to draw in enough customers and its viability was overhyped.
Hopefully, it is the start of the AI bubble bursting.
Maybe time to move retirement accounts into cash.
Meh, I’m poor and have no assets at all. Guess I just die.
Cash will lose value just exactly as the money in your account.
Move it to precious metals or assets that historically average flatter value through crashes. The dollar is highly volatile in economic crisis.
I’d do this but its probably the wrong move. I tend to go with the steam method: do nothing while everyone else scrambles, profit.
Or invest in non-US to keep them safe. Like Norwegian funds while the orange is oranging to gain on the oil price boom, and then spread out to European and emerging markets when he has his first public stroke in a few months.
I’d be shocked if any other country let’s Americans use their banks and markets but I mean I guess its possible I know there’s forex and stuff like that.
I’ve always heard no one wants Americans to open bank accounts if they aren’t living there
You have to be able to invest in stocks or funds outside US from a US trader? Even though I’ve sold most of my US assets, I still own some US stocks through my Scandinavian bank.