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Americans putting life on hold amid economic anxiety under Trump, poll shows
(www.theguardian.com)
this post was submitted on 12 May 2025
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Yeah same, we're saving because we dont know if shit could just hit the fan. I'm actually in the process of converting 50% of my savings into foreign currency. The US is finally on its way out
That's a surefire way into a depression. Don't get me wrong, I'm not blaming any individual for behaving like that. It's the reasonable thing to do. But for an administration to fuck up that badly in such a short timeframe is just unbelievable.
Yeah i mean, we actually spent a little more last month to stock up on stuff. We haven't really felt the "tariffs" yet except for some temu orders I cancelled. But if it stays the current course we want to be safe.
Realistically trump has just been adding alot of uncertainty. Its annoying he doesn't have a real plan and just reacts
One of the nicer words for that type of politician is "reactionary".
What currency are you going for?
For me, Euros. I am aligned with the concept of democracy and civil rights, so it feels natural to participate with their economy. Plus, they have an ocean dividing them and US, so they have a bit of insulation when our streets start being painted red.
Mind, I am also tempted to drop about $3k for a gold bar from CostCo.
Interesting. Well, I already live in the Eurozone but never thought I'd see the day where Americans would buy a lot of Euros
I never thought I would be thinking of buying gold. Seemed like sucker shit. Yet here we are.
Yup. Apparently the same gold bar from Costco was about $2k a year ago. I have been doomspending as of late, stocking on stuff and renovating, since I don't believe in the American Dollar anymore. Up to a year ago, I was seriously trying to develop my wealth, slowly but steadily, expecting to cash out in a couple decades.
Now...well, what is the point? The death rattle of our institutions makes it clear that there is no good future to rely upon.
Euro/yen when the exchange rates are favorable.
Interesting. Well, I already live in the Eurozone but never thought I'd see the day where Americans would buy a lot of Euros