All I want to know, given the expectation that the pain will be devastating & widespread, is what sort of investment is likely to feel the pain last — The last to get crushed. It might also be nice to have a plan for how to actually profit on the decline.
The problem is, this is all uncharted economic territory so seeing what worked last time isn’t likely to work now. The bubble makes all previous bubble look tame and the globalization of finance essentially means the spreading of pain could be almost intantaneous.
