Current World Economic Crisis & How We Can Navigate through. History has our back that regardless of all turmoil, if we use our brains then we have all ability to navigate through everything. This brief summary from my research blog about "w hat's happening in the economic world & ways for capital preservation" would be very elementary for you. Confirmation where right; comments where wrong will be very much appreciated. {This article is a copy of my post on Medium } "Can an internal crisis in one end of the world impact a distant country at the other end?" It would seem yes and here is an effort to connect the dots. Follow each step very carefully and understand before moving through to the next. (1) (a) Pre-COVID: Related to real estate in 🇨🇳 China - locals customers (potential owners) committed to purchasing units in construction projects, taking bank loans for the entire cost, paying some portion in advance. (B) Onset of COVID- builders unabl...
Musings on finance, economics, business and life