Most people and companies spend their money frivolously when times are good, and then look to save when times are bad. They should really reverse that process, because when times are good, it is far easier to save large chunks of capital and invest them, or just hold.
This is great advice... if you have a fair idea of how long the bad times will last. Will they last a year or 10 years? If you spend a lot when times are bad, and then times continue to be bad for way longer than you expected, then, ah, whoops...
I have no doubt Trump and his insiders shorted the market when they knew the tariff plan, will buy up depressed assets, will long the market when he decides to remove the tariffs and prices soar, and will have increased their wealth dramatically. Everyone else loses out.
Hopefully you're able to survive the storm, I can't imagine Finland is too reliant on the US for much.
Even if not knowing, preparing means not having to spend as much, or maybe not going into debt. Anything to be a little bit ahead, means recovery is faster, right? Like you said, times can be bad way longer, while everyone is starting into the good.
They definitely shorted the market.
Not really, but Finland does export to the US some stuff. There is little Finland needs though, that it can't get elsewhere.
Yeah, this is why the real big companies keep a lot of cash on hand (often in the billions) to help weather storms, but also take advantage of the bad times (buying other companies cheaply, getting great talent, renegotiate real estate or licensing deals, etc). The big Fortune 100 companies often have $5B just sitting in bank accounts.
I am sure Trump and insiders did short the market, one indication is Trump and Melania coins, they really did a rug pull there into the whole Strategic Bitcoin Reserve euphoria that amounted to a big nothing which they knew it would...
Oh absolutely... and there was the 200M in ETH longs that someone placed just before that reserve was publicly announced. They've proven time and time again they're happy to use insider knowledge and/or create market conditions to take advantage of.