We know markets will crash and huge deflation...and economy will melt down....but is there any good ways make good profit out of this chaos? Other then just betting on short positions ? Any other ways to benefit of this global crashes and bankcrypcies around the world?
Right now we know we can do a lot shorting the market but what else gives nice profit ?
Let's say you have $100,000USD and you're dealing with a currency that is rapidly losing its value versus the USD, in this case take TRY.
You're a soothsayer and know that TRY is going to hell in a hand basket, so here's one way to profit:
1. Take a loan for the equivalent of $100,000USD in TRY; use your USD as proof that you can pay the loan in a heartbeat
2. Once you have the loan, push your $100,000USD out of the country. Leaving it in the same country as TRY makes it subject to forfeiture and forced conversion that is inevitable in order to protect TRY
3. Use the loaned TRY to buy real estate (preferably in a dense urban area). You don't want to buy rural because of the taxes. You want to buy urban because of commercial real estate potential
4. As TRY continues to lose value, siphon small amounts from your USD to pay the interest of your TRY loan
over time you will profit like a king.