Learn more about moneyandinvestments with this collection
Understanding the concept of the self
The importance of living in the present moment
The illusion of control
Injecting Life
Countries are opening up their purse strings and providing stimulus packages and concessions to boost the economy, but these measures will show results after months and may not be enough.
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MORE IDEAS ON THIS
The Lockdown: U.S.
The Pandemic Lockdown in the U.S. directly affects the livelihood of a shocking 80% of American workers who work in retail, real estate, education, entertainment and restaurants.
Many of these offices and stores are not going to open after that.
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Dangerous Financial Measures
Many banks are in effect printing money, something that is unprecedented and points towards the extremity of the problem. These measures will lead to complications and politics sooner rather than later.
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The World In Lockdown
A long period of Lockdown can lead to deep scarring of the economy with a slow recovery, but as there is a risk of a second wave of infections once this dies down, these movement restrictions will need to stay in place.
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Falling Consumption
Falling consumption has resulted in 70 percent of Americans losing their income in March, and for many that loss can lead to long-term hardship and suffering.
There is an 88 percent decrease in petrol consumption in Europe, and automobiles sales are now zero.
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The Lockdown: Europe And Asia
- In Europe, The north of Italy, which is the main tourist hub, is seeing a collapse in economic activity, along with Germany, which is falling at a steeper rate than the United States. Even countries like Japan, which are not hit that hard, are about to witness an apocalypti...
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Economic Free Fall
The current pandemic has led to an economic free fall which is unparalleled in history. In the US alone, the unemployment rate plummeted at such a speed that more than 10 million have claimed unemployment insurance in a matter of three weeks.
With over 30 percent of the U.S. population exp...
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567 reads
CURATED FROM
IDEAS CURATED BY
"In fact, the confidence of the people is worth more than money." ~ Carter G. Woodson
Related collections
Other curated ideas on this topic:
Restarting the economy
The economy shut down almost overnight. But reopening it will not happen the same way. It may take months and possibly years to fully open, even under the most optimistic estimates.
Saying the economy should reopen gradually is more easily said than done. One business that could r...
Utilities and Other Things
Things like mail packages need to be sorted out so that you don't miss anything important. There will be charges to organize this but the post office will be redirecting your mail for up to twelve months.
For utilities like gas and water, make sure to arrange that they need to be turned of...
Your average pace
According to James Clear, your average pace is what pushes you enough to make progress, but not so much that it becomes unsustainable. It will produce long-term results and will turn these actions into habits over time.
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