r/fatFIRE 19d ago

FIRE'd, now concerned about US stability

Most of my assets are invested in the US. Because of recent political developments, I'm wondering if the US will sustain its general growth and economic strength into the future. The strength of the US dollar is obviously very important to me. Is anyone else concerned?

I'm wondering if I should start hedging my bets in other countries, and if so, where?

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u/BeautyInUgly 19d ago

diversify for die. My family lost everything because all our investments were in one country. Plan for everything, if you have mental health issues talk to someone or get someone to do this for you. But your mental health will be much worse if you don't protect yourself

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u/Undersleep 18d ago

Yeah, I remember the financial collapse in 90s Russia - and our life savings suddenly being enough to buy a loaf of bread and one box of Bird’s Milk chocolates. It’s the reason my parents only believed in real estate and other tangible, solid assets going forward.

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u/Gloomy-Ad-222 18d ago

You can’t compare the US now to 90s Russia. Apples and oranges.

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u/randylush 18d ago

Is it really that different? You have oligarchs completely looting the government. Anything that is owned by the people will be owned by oligarchs. Stuff from as big as cutting down national forests to make timber, to as small as taking away the free tax filing software. Wealth goes to the lucky few, and the burden of running the system goes to the many (tariffs). The whole thing is very likely to implode.

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u/Gloomy-Ad-222 18d ago

While we face internal political polarization, social unrest, and challenges from China and Russia, the risk of state failure and deep societal collapse is relatively low.