Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "VICE News"
channel.
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Tamika Hodges, basically the price of everything you need to survive, like food will come down in price. At the same time, the price of everything you want, like smartphones, electronic gadgets, automobiles, and other consumer goods will go up in price.
Real estate prices will probably drop too, because foreign investors will use less of their money to speculate real estate in the USA. That means lower home prices. The stock market will also tank, because a lot of the profits Wall Street firms make is from the global market.
If your a old man who retired then you would be screwed. When the stock market and real estate market crashes, these pensioners will see a big reduction in their 401k and pension payouts. I guess, the Baby Boomers are screwed then. LOL
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