Populist voting has been on the up, people follow like sheep instead of thinking about repercussions, power in the wrong hands can lead to the demise of a country.
Moving crypto p2p may be an answer if there are places where basic necessities are sold. Keeping fiat and crypto may be the answer going forward, rather spread out.
Blockchain technology is still in it's infancy in finance, lack of education, with wolves dressed as sheep, caution must be thrown to the wind on every turn.
Living in South Africa my experience has always been to keep away wherever possible from going into overdraft/debt, owing money for things you do not need.
Too many live beyond their means, they stand to lose a lot if economy moves in the wrong direction, pay off your home in the quickest time possible if you are earning.
Nothing in life is written in stone except we come into this world with nothing, we go out the same way, only taxes are included from time immemorial, so pay your tax!
Having watched what is happening in Venezuela scares one into reality as to how fast a country is able to go from something to nothing in a couple of years.
How to fix it: People voted the person into power, they will have to vote them out. I am in no way political, witness too many injustices happening on a chess board very few control...
Real Estate as a Hedge Against Inflation. ... An inflation hedge typically involves investing in an asset expected to maintain or increase its value over a specified period of time. That's why real estate is considered a hedge against inflation, since home values and rents typically increase during times of inflation. (Source: https://www.homeunion.com/real-estate-investing-your-hedge-against-inflation)
Dear @joanstewart
Amazing comment. Seriously.
In current days it's hard not to follow like a sheep. With all fake news, controlled mass-media and growing censorship of internet it's really hard to know what is going on.
So you just need to chose leaders, who you trust and who would represent your interests. And follow them. No real other way.
That is very true. I was travelling middle east years ago and Syria at that time was a local power. With solid economy. And look what happened to their country.
Entire countries can get demolished so easily. Scary shit.
Yours
Piotr