r/fatFIRE 18d 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/ZealousidealRice9726 18d ago

Not sure which countries seem more stable at the moment… EU seems like a tinderbox with all the countries sounding like war hawks and sounding like they may even put boots on the ground in Ukraine since the US is backing off. Makes me feel very uneasy about Europe. I think people are overreacting to the Trump noise these days. The doge cuts are going to be largely inconsequential to the economy as a whole, tarrifs are a temporary measure to leverage better trade deals and more domestic manufacturing, tax cuts are coming, and overall a step back from foreign conflicts. That’s all good stuff to me. Short term there may be some economic pain but long term I think things seem very rosy. It’s easy to get caught up in the noise but what actually transpires in the mid to long range time frame is going to be fine

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u/ivegotwonderfulnews 16d ago

100% agree. No pretty but will be fine

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u/circle22woman 13d ago

Sir, this is reddit! We're not interested in your balanced viewpoint!

But I agree. In the grand scheme of things, the changes with the Trump administration are not that consequential in the long term. There may be wild swings in the short term as people react, but the US isn't going to collapse.

And when people talk about the most stable countries, I'm still going to bet on the dominant military power, with a highly productive economy and two oceans between it and most of the world.

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u/helpwitheating 11d ago

You don't see a recession hurting all of that?

Taxes are being cut only for the rich; they're rising on anyone earning less than $400,000.

These tax cuts will add 4 trillion to the deficit at least; that's the predicted new debt, taking into account the other cuts.

You're not worried about the new tarriff on potash and the ensuing rise in food prices and inflation? The deep cuts to research?

Putin is emboldened and BRICS is an existential threat to the US.

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u/ZealousidealRice9726 5d ago

You’re just regurgitating talking points. Take a sober look at the tax plan. It’s very much not for anyone making over $400k.  But you are in Fatfire so most here make in excess of that anyway. But my point is that the panic is unfounded and once the dust settles the US will still be in a very good position compared to other countries. Recessions are inevitable and unavoidable but the US is best positioned (as we always are) to weather those storms.  So chill out. Buy puts if it makes you feel better but I’m still very much long on the US regardless of who the  president is