I do not understand basic economics or investing.
That being said, how do I prepare for a recession or depression that will probably come down the pipe in the next year or two? What do I invest in? Where do I put my money? I probably can't be dinar-pilled but I'm open to other suggestions.
I'm still convinced that the natsec state is propping up a lot of these vaporware tech companies. Massive government contracts pumping cash directly from the reserve into their accounts are the only thing they have that isn't based on speculation.
I mean a lot of these are also, as I alluded to, money laundering for the House of Saud and other nefarious entities wanting to diversify away from petrochemicals. Follow the money—SoftBank's Vision Fund, which has been instrumental in injecting billions of dollars into these tech companies, everything from Uber to Wework to dozens of others, is funded primarily with oil money from Saudi Arabia, Abu Dhabi, and elsewhere.
It's insane how little value these companies actually produce.