How To Be On The Winning Side Of The Wealth Equation tvdmexonline.com /the-winning-side/ TVD
To be on the winning side, you must get it right from the very beginning. To not run the risk to enter any political discussion when analyzing how to be on the winning side in today’s turbulent world, let’s dig into some few facts: Donald Trump was elected the new president of the United States of America The main part of media got their predictions way wrong! The U.S. debt is higher than ever, and for every dollar, the Federal Reserve has in the bank they have $110 of debt The Fed continues to print new money, which will lead to higher inflation There is a shift of power going on in the IMF, from U.S. dominated to other countries who potentially will work against the strength of the U.S. dollar. The Chinese banks are in a potentially bad shape and a higher risk of a new world economic collapse There will be a new economic recession, and it will be tougher than the one of 2008. It’s just a question of time. A lot of political and financial movements can hold back the next crash for months and even years. You cannot predict the future and anticipate the crash in detail. As always, when financial “tsunamis” hit the reality, there will be a lot of losers but also people on the winning side. The tragedy was huge for a lot of individuals after the crash 2008, when they literally lost everything. You can prevent the future by taking the correct steps.
Strategy To Be On The Winning Side There are mainly two groups of people who suffer the most when a financial crisis hits the ground:
Employees When a recession is a fact, all corporations have to reduce their costs. The payroll is usually the most critical cost account in any company. The risk that you will lose your job is high. Even if you are doing a good job, you can lose your employment. The only reason could be that you are included in the cost reduction program. The corporation will view you as a cost and nothing else. It is a tough job to do but the only way a company can survive when the costs must be reduced.
Possession of non-fixed assets Assets like shares, bonds, money will immediately live a dangerous life when “the shit hits the fan.” During the crash 2008, the legendary banking company Lehman Brothers went bankrupt, as their assets and business strategy was based on those vulnerable assets.
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