Post
Topic
Board Economics
Re: Opportunities During Economic Downturns?
by
Kelward
on 28/02/2024, 13:15:00 UTC
Despite these challenges, do you think there are still opportunities during economic downturns?

During economic downturn, people must become creative inorder to survive, because businesses will be affected and the prices of goods will skyrocket, a lot of desperation will set in just to find means to put food on the table and live in affordable accomodations. Smart people will think outside the box, they'll either get a second job or learn a skill, inorder to earn more money to survive inflation, also they'll learn to get things done by themselves, what they'll ordinarily call a professional to do for them, so they'll save money. Don't also forget that it's a time when crime rate will increase, scammers, petty thieves, armed robbery, kidnapping and the rest, people will live in fear and worry. This is not fiction, citizens of many countries who's economy are not stable are experiencing these things.