Your friends at YourCannaClub made this video for all of us normal people (not the billionaires) who are worried and panicked about about what’s coming – huge increases in the price of food, gas, childcare, health insurance, and everything else. Genius investor Warren Buffet has this bit of advice: Start saving cash now. And make sure you have lots of cash under the bed – $1’s. $10’s and 20’s. That way if the credit cards won’t work and the bank is closed you’ll have cash to buy stuff.
“You will see a period in the next 20 years that will be a hair curler compared to anything you’ve seen before,” Buffet noted adding that if you’re invested in the market liquidate stocks now to have cash on hand before the market dips. Once it drops, he says to use the cash to buy stock and take advantage of the low prices. Buffett himself has been selling off stocks saying he’s getting ready for a major economic downturn.