Is the Fiat system coming to an end? And what could you do.

Is the Fiat system coming to an end?

We've all read that for a while now. Call it conspiracy, call it lies, call it we don't know yet. But we do!

Debts of all let's say developed countries and their currencies go through the roof. That is mainly the US$ but also Euro.

To catch up with those scary readings just have a look at
http://www.usdebtclock.org/
https://www.debtclocks.eu/

Yeah, no joke, no fun here, but reality.

Economists, not conspiracy theorists now start to give recommendations, where to "invest" your money. There is one common line here, get your money out of banks.

Banks don't hold your money, they hold tokens and some database without anything in it but artificial numbers. If you want any money to pay for it already comes in form of a plastic card carrying such tokens.

May all work nicely till now. State gets more control as more people don't have real money but tokens in plastic.

But, when that big bubble, the free money printing bubble of US$ and Euro finally will burst, all your nice bank card tokens will disappear. And the time is near. I don't need to link to particular information about this going to happen, it is all over.

But what to do? My opinion and what I have done.

I've put some money in property. That's where we, family, dogs, live for free.
I've put some money into precious metals
I still have some money in stocks, funds and fiat

But most importantly, I have some money in cryptocurrency, ranking right now BTC, ETH, LTC, BCH and VET. And about 30 more.

I would consider this some well balanced portfolio suitable to ride out the finacial crisis to come. And I would suggest to everyone reading this or similar advise, to consider their own situation and prep at least a bit. Nobody knows what is coming, where it is coming, but everybody agrees it will be worse than 2008.

I'm not a financial advisor, make the best out of the info available.