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Discussion Starter · #1 · (Edited)
Global Carbon Tax. Would make the former housing bubble burst "look like a bad joke in comparison".

That was said, by experts, many times, right after the housing bubble burst, years ago there. As carbon tax, get all the same financial things done. At the same time it would be a much huger market, that gets destroyed.

So governments make it a tax for people and businesses. Then all kinds of companies, that just do paperwork are created. Paper pushers. Promising to lower your taxed "carbon taxes" owed. Especially for businesses at first. Then for 100s of millions of tax payers. This creates a huge gigantic carbon tax market. A huge gigantic "paperwork for huge profits" based market again. It get destroyed again, as they get out of control yet again. The tax payer will loose there jobs yet again and the tax payer will be left holding the bill yet again. To bail out the markets, yet again.

Covid might still be going on at the same time to. IF this creates, massive amounts of local renewable resources, and production locally, and hopefully energy production. There would be some benefit. The most expensive (biggest profit margins) way to do it, and destructive, to the average person.

One simple thing, that could be done, and has been done in places, like China. Is pass laws, for more miles per a gallon. Also better insulated housing, and apartment buildings. So it is easier to cool in summer, or keep warm during the cold season(s). So lower energy costs then. Since the government, considers this so important. More money in your back pocket then.

Best start hunkering down, if this happens. Just a matter of time again. Bulk food anyway that can be added to soups and stews and as main side dishes.

WHEN YOU ARE NOT INVESTED IN THE STOCK MARKET, AND IT CRASHES. IT IS A HUGE SALE. A FIRE SALE. BUY BUY BUY. BUY HUGE COMPANIES STOCKS. LOTS OF DIFFERENT ONES AND WAIT. MAY TAKE YEARS TO GO BACK UP. LOTS OF DIFFERENT STOCKS. ETC. Play golf in the mean time.
 

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Discussion Starter · #2 · (Edited)
You better know, how to buy and sell stocks. Enough in to care somewhat, and pay attention. Some good for some people, out of this anyway. I hope. Not sure when or what to buy then. (rapid price drops). Dollar cost average. Only buy some at a time. Don't spend all your money, at one time. Spread out purchases. The most important thing, is not loosing your money. Nothing else really matter. So what, if you could have bought 2 times as much. You could have ended up only being able to buy 1/10 as much, or loosing most of your money. Wait. Be willing to wait for a few years for price increases. Those stocks, might go up to 1/2 there highest again.

Fear is the mind killer. People making it more complicated, and scary, than it has to be. Causing fear. Not willing, don't go in, whatever market. Lots of different stocks, in different marker sectors, means you are more spread out.

You must be willing to wait. It will be quite the scary, roller coaster ride.
 

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Discussion Starter · #3 · (Edited)
Lets say a few years from now you get nervous about being in the stock market and get out. You turn out to be wrong and loose lots of profits.

So what. You still got all your money $$$$ to go back in. Instead of much less money, to work with. You are still much more ahead than you would have been. Caution is careful. Safe, smart. You need to keep your money. That's it really. That's all that matters in the end, if you think carefully about this. You are still ahead. Just not ahead as much as you should be. You are still ahead though. Careful is best.

Stay richer, and not become poorer. Trust no one with your money. Even if you let then manage your money. Explain nothing to them. They explain nothing to you. You don't need to give them any reasons for the decisions you make. They make you pay for such knowledge. Like 1/2 any earning you get. Whatever. LIE.

You are not preserving your (immediate to medium term) profit making potential.
You are preserving your (short to long term) buying potential (buy more make more). That long term, preserves your profit making potential (stock purchasing power & wealth).
My 2 cents anyway. You decision ultimately.
 
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