No Stupid Questions

It makes me rage that even though I'm in a country thousands of miles away, its economy would be dragged down should economic collapse ever happens again in the US given heavy reliance on remittances from workers who are paid mostly in greenbacks.

The only glimmers of a chance of surviving such a catastrophe equivalent to tulip abuse would be not only investment in tangible goods and technical skills/trades -- short of becoming a prepper -- but also counting on policymakers' pragmatism to make my country more cooperative with its neighbors to cushion and weather the shock.

If you're worried about any economic downturn, you can very well diversify into even larger economic areas if you'd so please. How you do so is of course up to your own discression, given you can look towards different sectors, vectors of investment, and even geographic areas.

Weird no one is saying this, but exchange dollars to Euros.

Had it been done back in November of last year, 1,000$ would now be worth about 1,200$.

Even if the Euro loses some value from the crash, it probably won't be greater than 20% of the exchange difference there is now.

How did you handle previous stock market crashes, and why do you expect this time to be different? I’m heavily invested in the market, yet I’m not losing any sleep over the possibility of a crash - meanwhile, people who don’t even seem to invest are the ones worrying about it. I can’t help but wonder why that is.

I'd be more concerned with insulating yourself against the AI bubble not popping if I were you.

The good news is the strategy works for both scenarios. Hyperlocal renaissance or bust.

Look up free land available for homesteading. There are several states in America that will pay you if you meet the criteria to move to them so that you can homestead and provide agricultural food. You don't need to be a farmer already, in some exceptions.

Stop using tech that supports or implements AI. Many people don't like something but still support the companies that do it. Stand on your beliefs and don't participate.

Start getting into self sufficiency.

Weird question. Not clear anything you can do.

First, AI bubble means datacenter bubble. Nvidida, AMD, TSMC, Chinese equivalents will do fine, as they have options to make products for non datacenter use.

Scenarios:

1. No mass corporate uptake for datacenters, or requirement to encrypt upload/download traffic to corporate owned models hosted by datacenters. Amazon/Google/MSFT can win relatively such a race if they allow private encrypted models instead of their own, and can buy distressed assets from failures. It just means slower than announced deployment rates, with only losers those datacenters who get married to losers.

2. CPU enhanced AI (knowledge graphs) with/or smaller LLMs. Datacenters can still provide corporate users, but mix of regular and gpu datacenters, Datacenters can lose big if next big thing requires replacing hardware, and they were too early. Shift in winners and losers, but not an AI/datacenter bubble.

3. Few of the announced datacenters are ever built, or 5 year+ delays. Public company investments will go down a little, but nothing catastrophic for big tech, who can make it up in other areas. Power company histeria is an associated bubble that does poorly. This is a very likely scenario.

4. Datacenters are successful and aggressively built. No AI bubble, because government surveillance revenue is obtained, and heavy government use of LLMs to keep population pro Israel/oligarchy/militarism. A freedom and jobs bubble is not better than an AI bubble.

Meme stock mania means even the biggest losers can rebound strongly. An everyone else bubble happens whether or not AI datacenters are successful.

Buy puts?