https://www.youtube.com/watch?v=O2EX4qTwP58
I am going to cash, I suspect that what we have seen so far is just the beginning. When the sheiss hits the fan it will not be pleasant. In a few weeks we will see what the true devastation is, the loss of jobs.
There will be a recession, we were already expecting it before the covid-19 crisis. I am expecting 18-24 months of hard time before we even start to climb back up. The reality is that the whole world has been shut down, and that has to have some profound effect on the global economy. The stock markets in the last few weeks have given us a preview of what is to come. We will see a big hit soon, in the next 2-4 months. When it hits it will be too late.
I am going to cash, I suspect that what we have seen so far is just the beginning. When the sheiss hits the fan it will not be pleasant. In a few weeks we will see what the true devastation is, the loss of jobs.
There will be a recession, we were already expecting it before the covid-19 crisis. I am expecting 18-24 months of hard time before we even start to climb back up. The reality is that the whole world has been shut down, and that has to have some profound effect on the global economy. The stock markets in the last few weeks have given us a preview of what is to come. We will see a big hit soon, in the next 2-4 months. When it hits it will be too late.
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