It will definitely hit the USA hard if there is a worldwide economic collapse (GEC). Is there a safe sanctuary? The short response is no, but you can lower the impact if you take action in advance of the collapse.
Obviously one can't compare those crises with today one. But no crisis is like another. They all vary because they all had different reasons! Back in 2000 it was the internet and technology sector that got the marketplaces into trouble and marked the start of a recession. And now it's the monetary sector that caused the present economic crisis.
Day trading prides itself on taking a look at trends and benefit from them. The entire appeal of day trading is to rapidly discover a trend that makes you money, and by making the most of it quickly making the most cash you can.
From March 20, 2000 till October 2002 the Dow Jones also lost 40% due to the burst of the web bubble - 40% by the method, is also the typical drop in the Dow throughout an economic sectors crisis in the past. The more here turnaround can be found in March 2003 and within the year that followed the most crucial index in the world gained 30%. After 5 years the Dow nearly doubled reaching its all-time high of 14,164.53 points. And other bearishness prior to (1982 - high inflation) and in between (1990 - Gulf War) had comparable healings.
Alcoholic Drink Makers not just endure the recession much better 80% of the time however information shows that these stocks increased by about 8% throughout those recessionary times.
Take a while right now, and develop some affirmations and begin utilizing them to replace your negative self-talk. There are many books on the marketplace that will reveal you how to do this (including the last chapter of my book), but which ever you pick, do it today.
It is a fascinating time we live in. If we can only open ourselves up and see the truths of the scenario as they really are, rather than how the huge corporations would like us to see, we will move through these difficult times quicker and with more success.