The World Is About To Experience A Quick Replay Of Global Financial Crises
Just like we have now, some years ago around 2007-2010 to be precise, there was a global financial crisis and so many people back then waited for the government of the day to help salvage the situation, the way people are waiting for the same thing now. Like it happened initially, these are things that are bound to happen again after this coronavirus pandemic is over.
There will be a high rate of baby boom just like it happened back then.
There will be a high rate of divorce, there are couples that the pandemic have forced to stay with each other and because it does not happen like that on a normal day, they begin to find faults in each other which may result in unsettled disputes.
A lot of people will lose their jobs, so many private companies will go bankrupt and they will have no other option than to lay off their workers, some public companies may also go bankrupt and workers will get laid off.
The tax system might increase drastically, the government will try to cover up for loss.
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Weird Ideas Poor People Have About Money.
There are certain weird ideas that people have about money, these idea is what makes people remain at a level of poverty for a long time, if you want to escape these difficult times and come out stronger after the crises, it is necessary to ignore the negative mind-set you have about money.
There are people who have the idea that getting rich is not for them, on several occasions our lives revolve around our thoughts and imaginations, you have to make a decision within your mind that you can achieve whatsoever target you have set for yourself.
There are people who dislike the idea of being rich because they feel rich people are generally greedy and they may become greedy too when they eventually make money. It is good to know that, being greedy is totally an issue of personality, there are greedy rich people just like there are greedy poor people.
There are people who believe that they have to choose between being rich and happy, but contrary to that mind-set, I really feel being rich makes you extremely happy.
There are people who try to avoid investment, because they believe it is an avenue for them to throw away their money, but money is very much effective when it is invested in the right places.
HOW to Come Out Stronger After the Viral Outbreak.
There is a great level of fear as most people are scared of the next news that will get displayed concerning the coronavirus issue, the only way to come out stronger after this crises, is to make adequate and proper investment in the right places such as gold, bitcoin and other relevant places. I am not trying to take the place of a financial advisor, so I will not specify where to invest your money, this is the appropriate time to invest well and enjoy after the pandemic is over, but while you invest remember to stay indoors and remain safe and remember that scammers are still out there, so please study carefully before choosing an investment plan.
I have no doubt in believing that positive thinking leads people more easily to success. It is a lifestyle and due to the plastic and empty form that we live, it is difficult or difficult for us to achieve it.
It is a good idea to invest in cryptos, I personally, although I am not an expert, I acquire whenever I can some altcoins, because I know that investing there in the long term will bring me a profit, and also I am preparing for the future.
I recommend to all people who are looking for a job that they can do from home, because many companies will close their doors ...
It is a great time to find new ways to build streams of income.
The perfect time i tell you, instead of waiting for governmental assistance.
Never wait for someone and take action.
You mean a Déjà vu? It is inevitably going to happen. We should experience another two years of excessive taxing, layoffs and difficult economy
I can only imagine what will become of most people after the pandemic is over, this is the best time to stay safe and make something for ourselves.
I agree with you big time.
This dark scenario you have described is already occurring.
It is not only a "possible fact", it is a real fact that is already affecting the lives of millions of people.
To invest...? I think that when you talk about bitcoin and gold, it is not really an investment, but a refuge.
I really like the way that sounds, thanks for reading.
My pleasure.
It´s valuable content.
I just do not want to think of this as a repeat but i guess i do not have a say as the economy will decide its faith. I just hope people are well prepared.
We need to get prepared either we believe it or not, thank you for reading.
Resteemed already. Upvote on the way :)
Hi @ben-edom
Interesting choice of topic. Finally something not related to C-19 or hive/steem conflict :)
Personally I don't think current crisis will be a "replay" of any previous ones. Neither it's going to be another 2008 or similar to great depression in 1929.
There was never a time, when supply chain has been so badly distrubted. Amount of jobs being lost is at all time high and most of all - current crisis is affecting every country in the word. In 2008 europe and US struggled, but Asia (mostly china) was still flourishing. It's all very different now.
In 2008 financial economy was under pressure. This time it's also real economy, which is heavily affected. Pumping money (Which helped in 2008) is not going to much in current situation.
Surely I agree with high rate of divorces which may happened. Interesting times ahead.
Solid read, upvoted already,
Yours, Piotr
@tipu curate
Upvoted 👌 (Mana: 0/4 - need recharge?)
I will like to talk about the opinion people have about money, thinking the right way produce positive result.
Yes it really does.
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