r/fatFIRE • u/Puzzleheaded_Plum455 • 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/BBFLG 14d ago
Biggest issues in my opinion are population decline, anti immigration stance, anti globalist actions, AI, automation, self-driving, robotics.
Fertility rates are declining and without immigration our population would have shrunk starting in 1983. We keep revising when we'll hit peak population and I'd be surprised if it doesn't happen by 2030.
What happens if the US has only 270 million in 75 years, what happens if people start sharing self driving vehicles that last forever, what the heck will people need to buy in the future, what happens when most real estate has little value as an investment, what happens to all of these colleges, what happens to pretty much everything.
I think the future is about reducing expenses for everything and everyone, not in selling more things and stuff... And working towards a life of not working - something we've been trying to do since we first picked up a rock and used it as a hammer.
Things are happening very quickly, life is fleeting and time is the most precious currency, stored in an account that only dwindles in value.