Post
Topic
Board Economics
Re: U prepared for great depresion or u want to be surprised?
by
South Park
on 26/07/2022, 02:41:50 UTC
I don't think anybody can be fully prepared for the recession or great depression that is looking more and more like it will hit soon. You can only work with what you have and hope for the best. To be prepared at all you'll need money which a large percentage of people don't have
It is true those that do not have a lot of resources cannot really do much to prepare themselves for the recession that is coming, but those which are middle class can do so but they refuse to see the truth that is right in front of them, this is the time to settle all your debts and begin to save as much money as possible and yet this is not what we see, the middle class is most of the time living beyond their means which means they cannot save money either, so only those which are rich and the ones which are cautious will be able to have the tools to resits and even benefit from the recession that is coming.