Where should you put your money in case the debt ceiling is not raised

You are so simplistic. Critical thinking and the ability to see anything from beyond a partisan standpoint elude you. Those are the only two sentences able to escape by exploding synapses. Yes, I mad.

 

I would theoretically be in cash. The market would be too volatile.

Of course in reality, I will not have the time to move into cash. By the time I realize the debt ceiling isn't being raised, then the market will have already priced it in.

 

If you are only gonna give two sentences, fill them with reason instead of ridicule. Ridicule is not a point or an argument. Also my comments shouldn't be able to make you mad. Don't give me, a complete stranger, that power.


Finally this:

Spoiler

 

So your comment wasn't a joke? You think there's a republican out there who can defeat Obama and his $1b+ in fundraising?

 

It's off topic so it's the last post I will make on the issue, but I think every Republican candidate would beat Obama except maybe Huntsman or Santorum. His position is horrible now and it will be far worse in a year. Why would his position be better in a year? That being said, no I wouldn't put all my money on a bet.

 

Cash...as in USD?

now, I could be wrong, but if there's one thing I'm fairly certain about, it's that the USD will devalue...whether it be due to the debt ceiling issue, QE3, the fiscal deficit/trade deficit or the low interest rate policies the Fed is maintaining.

 

Stop trolling this thread. We're trying to discuss investing.
//comment directed towards the idiot who's only purpose on this board is to bash Obama. I have no problem with bashing Obama, but how and where it's done should have some discretion.

 

CHF (Swiss Francs) and CAD (Canadian Dollars) will grow strong if you're really into paper currency as a store of value, given the fundamentals of the economies. Off-hand, there is a strong likelihood that Canada will constrict monetary policy soon, and raise interest rates, given statements by the governor of the Bank of Canada.

However, relative to other currencies is a losing game if all paper currencies are losing purchasing power. What you really want is purchasing power...and the purchasing power of the USD will decline. You'll be able to afford less with USD. Conversely, commodities will be worth more USD, and therefore are a smart play.

I really don't recommend you invest in any fiat paper currency, but if you were to do so, I guess Canadian dollars and Swiss francs would make sense.

Still, like I said, currencies are a losing game even if you want to consider the USD losing less than Euros or Yen...well, you're still losing.

 

Invest in silver

 

You really think most of America will put much thought into how they are going to vote? They will all just say Obama was in office so it's his faultless vote against him.

 

That is why I try to pay less attention to current events. Intellectual laziness is maddening and I don't like to be reminded on how much people don't try to learn and make informed decisions to better our society. As long as you try to be informed - and intellectually independent - I tend to respect your position, even if I disagree with it (see: Refman and weslinder).

The unfortunate problem is that we're in a political echo-chamber with parrots.

 

It's odd that you think that, because every poll there is says Obama would beat each and every Republican candidate, hands down. Several by over 10 points.

 

It really doesn't matter whether the debt ceiling is raised or not.
And you need to learn how to grow food.

 

fixed


What little I understand about it says hyper-inflation would render currencies worthless. I've lived through one period of significant inflation and the one thing we did was not hold on to money. If you got enough to buy something you needed, you bought it today and didn't wait for the price to go higher. We didn't save money because you couldn't make enough to keep up with inflation.