(Total Views: 380)
Posted On: 04/02/2020 3:22:40 PM
Post# of 22462
We are luckiest generation living in the zenith of our modern civilization. Big cycle enveloping small cycles is the law of the Universe, big economic cycle enveloping small economic cycles is the law of the financial universe. The coming recession will not be short lived like previous recessions for the past 100 years of economic up trend is coming to an end, a prolonged economic down trend into another global economic great depression is inevitable. Any of the numerous underlying crisis can trigger the next great depression: Unsustainable national debts, economic and technological saturation, global pandemic diseases ........ The past 100 year's economic bloom was fueled by continuous progress in technologies and emergence of innovative products and sustained by strong demands from the world's "have nots", but those "have nots" not only have become fully well fed and well dressed but have become sellers, vying with the world's biggest economy. The flooding of their astronomical and endless counterfeit products in the world market have resulted in increasing business failure among brand-name manufacturers in US. Now they have trigger the next global economic great depression with the deadly COVID-19. With population 3 times that of last Great Depression, massive business failure and unemployment will make the last depression pale in comparison.
This viral crisis will not be short lived and may not subside as temperature rises towards the summer because viral cases in hot climate countries such as Australia, South America and South Africa and Middle East are on the rise, racing towards the top in the global virus list. Be aware that it is summer time in those countries. Global cases has exceeded 1 million:
https://www.worldometers.info/coronavirus/
With 60% of American population having one or more medical condition, if inflicted with COVID-19, potentially tens of millions will die. In many countries the virus is only in incubation and will manifest itself and catch up with the rest of the world and will import and inflict Americans, so this crisis is not just American crisis, it will not end until the whole world is virus free. It will take months for an effective vaccine to be established and may take years for the world to be virus free and enable life to return to normal.
As crisis looms around the world, governments will shut down businesses and transportation, the result will be severe food shortage and numerous other shortages in basic necessities of life. So be prepared for the worse scenario, stay safe and survive in the months or years ahead.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The best thing in life is free: Free oxygen in the air to sustain your life, free sunlight to nourish your good health. 2 cents cannot even buy half of a bubble gum but it can buy a share of a company that has the potential to emulate Universal Display Corp (Nasdaq:OLED) and possibly even Intel Corp (Nasdaq:INTC) whose IPO price was at $$. Thanks to CEO Stephen Squires, QTMM shares are basically free for all investors. But ......
Door of opportunity
Rrocket at the launch pad
Destiny in Space
This viral crisis will not be short lived and may not subside as temperature rises towards the summer because viral cases in hot climate countries such as Australia, South America and South Africa and Middle East are on the rise, racing towards the top in the global virus list. Be aware that it is summer time in those countries. Global cases has exceeded 1 million:
https://www.worldometers.info/coronavirus/
With 60% of American population having one or more medical condition, if inflicted with COVID-19, potentially tens of millions will die. In many countries the virus is only in incubation and will manifest itself and catch up with the rest of the world and will import and inflict Americans, so this crisis is not just American crisis, it will not end until the whole world is virus free. It will take months for an effective vaccine to be established and may take years for the world to be virus free and enable life to return to normal.
As crisis looms around the world, governments will shut down businesses and transportation, the result will be severe food shortage and numerous other shortages in basic necessities of life. So be prepared for the worse scenario, stay safe and survive in the months or years ahead.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The best thing in life is free: Free oxygen in the air to sustain your life, free sunlight to nourish your good health. 2 cents cannot even buy half of a bubble gum but it can buy a share of a company that has the potential to emulate Universal Display Corp (Nasdaq:OLED) and possibly even Intel Corp (Nasdaq:INTC) whose IPO price was at $$. Thanks to CEO Stephen Squires, QTMM shares are basically free for all investors. But ......
Door of opportunity
Rrocket at the launch pad
Destiny in Space
(0)
(0)Scroll down for more posts ▼
