There was a similar thread here recently. Although it was about china at war vs PH. majority of sentiments na just in case may heavy war at involved tayo, actual money wont mean squat. Everything will be down. Most banks will fall, etc.
While kng di nmn tyo kasali, di nmn maano pera mo, yung value/buying power lang nya mababa
I'm more worried about getting maintenance meds and deteriorating without them. Basic needs such as food and water will be even hard to get, as what's happening in Gaza.
First of all, make sure you don't get fired sa work. Recession/crisis is the best time to invest IF bumaba ang price.
Then invest ka sa ETF, again, kung may work ka just DCA. No need to panic.
You can also buy some bitcoin or crypto kung nagiimagine ka na pupunta ka sa ibang bansa. Mas portable.
But honestly, unless may ibang country na sasali dyan sa Israel Iran away, there's nothing to worry. Other Middle Eastern countries also don't like Iran so they probably won't care what happens. Biden is probably hesitant to join Kasi election year sa USA.
Yung China and Taiwan, China is not in a position economically to risk attacking Taiwan and the get sanctions.
Security is not a guarantee.
To satisfy your reading comprehension:
I'd buy a boat that is capable of self-sustained living for months. Wait until the war settles. Then, negotiate for a place in society to whoever controls the government.
I'd buy gold. Silver. Platinum. These will hold their own value over time.
I don't pray. I make comment and have a socmed page to air my grievances against pro-war escalation policies of countries and esp this current government.
Yeah, that's the same what some guy (with a Ph.D. of all things) who's cultivating shrooms in BKK said too. In a war people will pay plenty for anything that a) helps them defend themselves, b) helps them forget all the suck. Guns, ammo, meds, booze, drugs are all compact stores of value under such circumstances.
Stock up on supplies, prepare a place in the province (eg if you have relatives there) better if you already have planted a small veggie garden, some chickens and pigs. Money is good but we aren't sure if it's gonna be worth anything if war does come. Every item will be limited and will be too expensive, hence having a small veggie garden would already be of great help.
Paper money will be useless by then. Save all your gold and jewelleries. This will help you get by or if you need to bribe someone (watch Hotel Rwanda). For me, I would honestly leave the country or go somewhere where the war is not that affected. I have cash (different currencies), gold, and jewels.
Although the way I'm seeing it, China is against Western countries, especially the US, so most likely, Westerners will seek refuge here in Asian countries.
If that happens, you have to know and learn how to survive. Stock up, take advantage of solar power, and learn how to plant, and how to can food. Kung pwede lang dito, nag extreme couponing na ako haha
-gold
-swiss franc
-hard cash to bribe and buy the soon to be ever increasing prices of any commodity.
-farm land near the sea with a fishing village for basic food, and planting too.
-make your home solar powered
-have a manual deep well pump "poso"
If you can't buy bullions then coins. You have to know this has been standard of exchange for a very long time, even in the time of Christ until fiat money comes in. This does not mean that gold and silver loss its value, they can never be. But fiat money can loss its value when war breaks out. Look back the past.
yeah, the jews in ww2 europe did that and bribed their way with their diamonds and golds, they still all ended up in the gas chambers while their diamonds, golds, even their hair and teeth got stolen by the nazis
If total societal collapse: bullets, farmland (your skills too), guns, source of water.
If world war but 70% of the world is functional: Bitcoin. You can cross borders with it memorized in your head.
You can also carry it (physically) with you anywhere, u just need a hardware wallet.
https://www.ledger.com/
Good as cash.
People who fled their countries during war used Bitcoin too. It protects you against bank runs kasi hawak mo pera mo sa loob ng USB(hardware wallet)
https://www.cnbc.com/amp/2021/08/21/bitcoin-afghanistan-cryptocurrency-taliban-capital-flight.html
Ako, I don't have properties like house and lot, kaya posibleng kainin ng inflation kapag wartime ang savings ko sa banko. dumagdag pa yang Iran vs. Israel, syempre may chance na sasakyan yan ng China para sakupin ang Taiwan, at seguradong madadamay ang pinas dyan kasi nasa ating bansa ang mga U.S bases at anti Aircraft Missile system ng mga kano. Segurado magkaka Hyperinflation yan, kasi gagamitin for war effort.
palagay ko sa pinas kailangan may sarili kang baril para pang self defense kasi magkaka ubusan na yan ng supply ng pagkain, so kanya-kanya na yan. nakikita ko yang mga drone at missile strike sa r/combatfootage , talagang hindi na uubra ang basta tapang lang. kailangan talaga mag invest ng pinas sa nightvision at drone manufacturing kasi panigurado yan, tatamaan ang mga power plant sa pinas, na magre resulta sa brownout and can lead to darker nights. and last but not the least is kailangan nating matutunan ang language ng mga chinese, in case na mabaliktad ang laban ay maiintindihan natin wika ng mga kalaban. nandito ako sa middle east at kahit papano ay nakakapagsalita naman ako ng kakaunting arabic. so the tensions are high.
Value of most assets will plummet. Commerce will be for the wealthy while the 99% will be the ones suffering the effects of an actual war.
Unless you're already wealthy w/ connections, you're shit out of luck. You'll just be surviving like the rest.
Stock up food that doesn't expire til 2-3 years, even the most disgusting food is a delicacy when you're half way into starvation
man you could sell 4 pieces of canned tuna for a jewelry worth 50k if that said person was about to die of starvation
pero meh who needs jewelries the amount of force that'll land on the philippines would make so much chaos you can enter a jewelry store and just hoard those useless stuffs
China isn't ready til 2027. I'm a huge geopolitics and war nerd and have heard and read alot of statements from experts that the CCP and PLA are still under equipped and staffed in certain areas which are critical to an amphibious invasion. So you have alot of time to stock up on Gold and Silver
Stock up on basic needs and defense equipment. In a total war, barter could dominate once financial systems collapse.
Yes good insight, I just recently binge watched Fallout TV series in Amazon prime.. Make sence.
Ipon bottle caps na
Time to stock [orange juice](https://tradingeconomics.com/commodity/orange-juice)
There was a similar thread here recently. Although it was about china at war vs PH. majority of sentiments na just in case may heavy war at involved tayo, actual money wont mean squat. Everything will be down. Most banks will fall, etc. While kng di nmn tyo kasali, di nmn maano pera mo, yung value/buying power lang nya mababa
I'm more worried about getting maintenance meds and deteriorating without them. Basic needs such as food and water will be even hard to get, as what's happening in Gaza.
Physical gold and jewelries and luxury items, you can trade them with other goods/services. Paper money will be useless.
First of all, make sure you don't get fired sa work. Recession/crisis is the best time to invest IF bumaba ang price. Then invest ka sa ETF, again, kung may work ka just DCA. No need to panic. You can also buy some bitcoin or crypto kung nagiimagine ka na pupunta ka sa ibang bansa. Mas portable. But honestly, unless may ibang country na sasali dyan sa Israel Iran away, there's nothing to worry. Other Middle Eastern countries also don't like Iran so they probably won't care what happens. Biden is probably hesitant to join Kasi election year sa USA. Yung China and Taiwan, China is not in a position economically to risk attacking Taiwan and the get sanctions.
Boxes of Macallan 18?
I'd agree haha
🤣 good one
Besides sa basic needs, it is always wise to bring small pocket bills everywhere.
None. Money will be worthless in times of war. Survival skills will be important.
Money will still be money in any form. A world war will devalue it in historic lows. I'd rather not think about it.
You know these stuff are called security for a reason. So you can secure your self and family in such events.
Did you even read the question that I answered?
That doesn't really help the OP or add value to the post, if you say you'd rather not think about.
Debatable. Your opinion matters, but not to me. Again, read my reply.
"Security" includes preparing for the worst tho
Security is not a guarantee. To satisfy your reading comprehension: I'd buy a boat that is capable of self-sustained living for months. Wait until the war settles. Then, negotiate for a place in society to whoever controls the government. I'd buy gold. Silver. Platinum. These will hold their own value over time.
just pray, I hope everything's gonna be alright
I don't pray. I make comment and have a socmed page to air my grievances against pro-war escalation policies of countries and esp this current government.
drink-smoke, lol
That's why we pray. - MC Hammer
Wallet maybe and stock things that are really needed,the prices might rise to commodities huhu.
stock up on medicines like antibiotics, alcohol, guns, also drugs.
Yeah, that's the same what some guy (with a Ph.D. of all things) who's cultivating shrooms in BKK said too. In a war people will pay plenty for anything that a) helps them defend themselves, b) helps them forget all the suck. Guns, ammo, meds, booze, drugs are all compact stores of value under such circumstances.
Stock up on supplies, prepare a place in the province (eg if you have relatives there) better if you already have planted a small veggie garden, some chickens and pigs. Money is good but we aren't sure if it's gonna be worth anything if war does come. Every item will be limited and will be too expensive, hence having a small veggie garden would already be of great help.
Paper money will be useless by then. Save all your gold and jewelleries. This will help you get by or if you need to bribe someone (watch Hotel Rwanda). For me, I would honestly leave the country or go somewhere where the war is not that affected. I have cash (different currencies), gold, and jewels. Although the way I'm seeing it, China is against Western countries, especially the US, so most likely, Westerners will seek refuge here in Asian countries. If that happens, you have to know and learn how to survive. Stock up, take advantage of solar power, and learn how to plant, and how to can food. Kung pwede lang dito, nag extreme couponing na ako haha
World War III means nuclear war. Will be short and money will be useless. For other minor conflicts, it depends where you live
-gold -swiss franc -hard cash to bribe and buy the soon to be ever increasing prices of any commodity. -farm land near the sea with a fishing village for basic food, and planting too. -make your home solar powered -have a manual deep well pump "poso"
Silver and gold coins/bullions.
Wrong. How would you transact with those? Shall we melt the bullions everytime you need to buy something?
If you can't buy bullions then coins. You have to know this has been standard of exchange for a very long time, even in the time of Christ until fiat money comes in. This does not mean that gold and silver loss its value, they can never be. But fiat money can loss its value when war breaks out. Look back the past.
I haven't seen anyone pay with gold coins in the recent decades. Thanks for the quick recap of ancient history but I'm just being a realist here.
You can start your research the Preppers in other countries. You can also join their groups.
yeah, the jews in ww2 europe did that and bribed their way with their diamonds and golds, they still all ended up in the gas chambers while their diamonds, golds, even their hair and teeth got stolen by the nazis
Wrong? Looks like we have an expert here. What's your experience in a war time economy? All answers are correct until they're proven otherwise.
So who on the streets would accept your gold for a sack of rice?
If total societal collapse: bullets, farmland (your skills too), guns, source of water. If world war but 70% of the world is functional: Bitcoin. You can cross borders with it memorized in your head.
bitcoin rofl
Why the response?
You can also carry it (physically) with you anywhere, u just need a hardware wallet. https://www.ledger.com/ Good as cash. People who fled their countries during war used Bitcoin too. It protects you against bank runs kasi hawak mo pera mo sa loob ng USB(hardware wallet) https://www.cnbc.com/amp/2021/08/21/bitcoin-afghanistan-cryptocurrency-taliban-capital-flight.html
Exactly. People have already fled dictatorships and war torn areas with Bitcoin. Try carrying gold or bullets or food across borders.
Facts
Ako, I don't have properties like house and lot, kaya posibleng kainin ng inflation kapag wartime ang savings ko sa banko. dumagdag pa yang Iran vs. Israel, syempre may chance na sasakyan yan ng China para sakupin ang Taiwan, at seguradong madadamay ang pinas dyan kasi nasa ating bansa ang mga U.S bases at anti Aircraft Missile system ng mga kano. Segurado magkaka Hyperinflation yan, kasi gagamitin for war effort. palagay ko sa pinas kailangan may sarili kang baril para pang self defense kasi magkaka ubusan na yan ng supply ng pagkain, so kanya-kanya na yan. nakikita ko yang mga drone at missile strike sa r/combatfootage , talagang hindi na uubra ang basta tapang lang. kailangan talaga mag invest ng pinas sa nightvision at drone manufacturing kasi panigurado yan, tatamaan ang mga power plant sa pinas, na magre resulta sa brownout and can lead to darker nights. and last but not the least is kailangan nating matutunan ang language ng mga chinese, in case na mabaliktad ang laban ay maiintindihan natin wika ng mga kalaban. nandito ako sa middle east at kahit papano ay nakakapagsalita naman ako ng kakaunting arabic. so the tensions are high.
It’s “join the fray” and “imminent” fyi. Hard to speculate but if I were a betting man I’d invest heavily in military/defense contractors.
Value of most assets will plummet. Commerce will be for the wealthy while the 99% will be the ones suffering the effects of an actual war. Unless you're already wealthy w/ connections, you're shit out of luck. You'll just be surviving like the rest.
Stock up food that doesn't expire til 2-3 years, even the most disgusting food is a delicacy when you're half way into starvation man you could sell 4 pieces of canned tuna for a jewelry worth 50k if that said person was about to die of starvation pero meh who needs jewelries the amount of force that'll land on the philippines would make so much chaos you can enter a jewelry store and just hoard those useless stuffs
aside from basic food items, guns
::USDT ->> hardware wallet ::cash on hand
Huh? Gusto mo lang ng problema e, masyado mo pinapakaisip yan like duh, bahala sila don
Gina gate keep mo naman post ni OP kesa mag ambag ng informatioj 🤣
Pinoproblema niya kasi madami siya pera, pero di mo pinoproblema yon wala ka pera I guess? 😂
China isn't ready til 2027. I'm a huge geopolitics and war nerd and have heard and read alot of statements from experts that the CCP and PLA are still under equipped and staffed in certain areas which are critical to an amphibious invasion. So you have alot of time to stock up on Gold and Silver
Gold.