Recession is coming and we know it. In some places it is staring us right in the face. Unemployment, rising cost of living, increasing food prices, falling stocks etc are some of the negative effects associated with recession....
I have been recently laid-off work due to the recent economic crisis in my country. I do not want to see this as a bad thing. So I ask what hidden opportunities does this recession offer? How can one take opportunity of the recession to become rich or at least not go broke?
Unemployment, rising cost of living, increasing food prices, falling stocks etc are mainly the symptoms of overconsumption of abundant. Just becareful how much you consume if you don't have means to sufficiently produce what you consume.
Invest in production of good things that are locally abundant in supply and high in demands. Be careful saving in fiat currency long-term.