Lots of great advice. I wish my finances were better but being on a fixed income that relies on a small pension and SS, I am SOL if that goes away. So, I sit on a good property that I will sell and should be able to buy outright in another state. It is my only asset, and I am happy to sell. It is still worth a lot so I am sitting on equity that I can only touch by selling. I am lucky in that respect. I worry though for others who rely solely on SS. Of course, we get all kinds of people saying we should have "planned" better. One never really expects an Elon musk to try to take what little we get to line his already bulging pockets. Plus, the old adage of keeping at least 6 months worth of money for bills is great until one disaster hits. Illness, death of a spouse, in my case those and a failing septic system cratered my savings.
Still, I have a plan and intend to get it done. In the meantime, my R house rep and senators have been getting an ear full of my concerns and will continue to get it. I sign petitions, keep up with the news thanks to you and others. Thanks for the tips, I am sharing them.
Thank you. I am not completely relieved but your words have helped. Because I live in California and I'm not a minority, I am less likely to be affected by trumps policies but I can't help but feel the weight of the world on my shoulders because of what they will do to millions of folk in this country. My heart hurts for those at risk because of this man.
Glad to see the Federal Reserve is standing firm against Trump's demands it lower interest rates, saying Trump hasn't introduced any actual economic policies yet, so there is no reason to act.
If Trump slaps tariffs on imports from China, Mexico, Canada etc, prices for imported products will rise, consumers will have to pay more and inflation will rise. The Fed will have to hike interest rates to curb inflation caused by Trump's tariffs. That could cause a business recession and job losses. Workers will also be harder to find because Trump is deporting them.
Americans may then realise that Trump doesn't actually understand tariffs and refuses to listen to the experts who do.
I note an increase in the number of posts giving advice about how Americans can move overseas to avoid Trump's madness.
Personally, I would recommend Thailand, where I worked for 3 years.
As an Australian, I certainly recommend people avoid visiting the USA until further notice. Why would you?
China will be the winner as the USA stagnates and turns inwards. China will fill the gaps and extend its influence. The USA is rapidly becoming a failed democracy. Sad to see
Lots of great advice. I wish my finances were better but being on a fixed income that relies on a small pension and SS, I am SOL if that goes away. So, I sit on a good property that I will sell and should be able to buy outright in another state. It is my only asset, and I am happy to sell. It is still worth a lot so I am sitting on equity that I can only touch by selling. I am lucky in that respect. I worry though for others who rely solely on SS. Of course, we get all kinds of people saying we should have "planned" better. One never really expects an Elon musk to try to take what little we get to line his already bulging pockets. Plus, the old adage of keeping at least 6 months worth of money for bills is great until one disaster hits. Illness, death of a spouse, in my case those and a failing septic system cratered my savings.
Still, I have a plan and intend to get it done. In the meantime, my R house rep and senators have been getting an ear full of my concerns and will continue to get it. I sign petitions, keep up with the news thanks to you and others. Thanks for the tips, I am sharing them.
Thank you. I am not completely relieved but your words have helped. Because I live in California and I'm not a minority, I am less likely to be affected by trumps policies but I can't help but feel the weight of the world on my shoulders because of what they will do to millions of folk in this country. My heart hurts for those at risk because of this man.
Good advice.
Glad to see the Federal Reserve is standing firm against Trump's demands it lower interest rates, saying Trump hasn't introduced any actual economic policies yet, so there is no reason to act.
If Trump slaps tariffs on imports from China, Mexico, Canada etc, prices for imported products will rise, consumers will have to pay more and inflation will rise. The Fed will have to hike interest rates to curb inflation caused by Trump's tariffs. That could cause a business recession and job losses. Workers will also be harder to find because Trump is deporting them.
Americans may then realise that Trump doesn't actually understand tariffs and refuses to listen to the experts who do.
I note an increase in the number of posts giving advice about how Americans can move overseas to avoid Trump's madness.
Personally, I would recommend Thailand, where I worked for 3 years.
As an Australian, I certainly recommend people avoid visiting the USA until further notice. Why would you?
China will be the winner as the USA stagnates and turns inwards. China will fill the gaps and extend its influence. The USA is rapidly becoming a failed democracy. Sad to see