The markets are plunging.

[Noodle]

We don’t even have fully American made cars.

Would be interesting to know when we had the last fully American made car (100% domestic content).

Interestingly, in 2024 Tesla had the most domestic content (87.5% for Model 3)

2024 Made in America Auto Index

Key Points About the 2024 Made in America Auto Index. What percentage of your vehicle's value contributes to the overall well-being of the US economy and why does this information matter to you?

kogod.american.edu

 

[toastedbread]

I went heavy cash about 3 years ago. Then moved into commodity metals beginning mid-March of '23. Difficult not to take out some of the up....but I have enough toys..

That was a wise move. I've been waiting on the great crash for too long while my cash is eaten alive. When they continue to socialize losses (SVB) and privatize gains free markets no longer exist. So much for capitalism.

 

[toastedbread]

Yeah, I have more in cash than I should have, but I take comfort in it being there if/when I want it and want it now. It's growing at roughly the inflation rate, so I'm good with that. And yes, while I check it on the regular, I don't get excited about a big jump or a big dive. It has always evened out over time, and continues to grow in the long term. My attitude might change if and when the time comes when I have to start drawing it down, but I've been able to stay cash flow even (with some ups and downs) since I retired at the end of 2020.

The problem is that they are lying to us and the public because asset inflation has been much worse than price inflation. And we have no recourse for the asset inflation we missed out on.