This covid19 crisis is indeed very very bad for the global economy. Many businesses are going bust. Many will not come back.
But I predict that after this is over there is going to be a golden era for economic growth, infrastructure building, consolidation of businesses etc.
The key is whether people were in massive debt before this crisis hit. Those who are will be hit massively.
Same for businesses. Those businesses that are financially very well heeled and have cash reserves will be out buying over struggling companies.
Many properties will go foreclosure. People with cash will buy.
Governments will start infrastructure projects. Build. Create jobs.
The environmentalists and naturalists and what not will be too busy struggling with their own finances and survival and have hard time raising funds. People will ignore them.
We rebuild. Growth will be massive.
Are you ready to take advantage of the coming boom after the bust?
But I predict that after this is over there is going to be a golden era for economic growth, infrastructure building, consolidation of businesses etc.
The key is whether people were in massive debt before this crisis hit. Those who are will be hit massively.
Same for businesses. Those businesses that are financially very well heeled and have cash reserves will be out buying over struggling companies.
Many properties will go foreclosure. People with cash will buy.
Governments will start infrastructure projects. Build. Create jobs.
The environmentalists and naturalists and what not will be too busy struggling with their own finances and survival and have hard time raising funds. People will ignore them.
We rebuild. Growth will be massive.
Are you ready to take advantage of the coming boom after the bust?