TL;DR —
18 Hard Truths about the current recession: Now is not the time to be complaining. Complaining makes you feel like a victim. Government is not coming to save you. Governments only save corporations. Money printing and zero interest rates are here to stay. Corporations will get stronger by buying bankrupt companies. Banks will force you to pay up. Excessive leverage will wreck you. The lid to Pandora’s box is open, and there will be no closing it now. The rich are going to buy real estate dirt cheap. Wealthy investors will be shopping at a discount again. The recession could be an ideal launchpad for your second income.
[story continues]
Written by
@ras
Bitcoiner
Topics and
tags
tags
coronavirus|recession|truth|cryptocurrency|crypto|coronavirus-impact-on-business|covid19|hackernoon-top-story
This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: 8iTsVK-GE4wwLlES4IOZLIrT0znxuc-AkCy27sTzNM0
