What We Should Learn About Risk Following the Pandemic

learn about risk

Governments and Corporations Were Unprepared Prior to the coronavirus pandemic, the S&P 500 was hovering around all time highs. The US government had cut corporate tax rates during a decade long bull market. The federal reserve kept interest rates low, which encouraged continued debt-fueled spending. Publicly traded companies repurchased their shares on the open market, … Read more

How to Prepare for the Next Depression

how to prepare for the next depression

The Coronavirus May Cause the Next Depression The global economy is suffering significantly from the coronavirus outbreak. Businesses have closed their doors either temporarily or permanently. Governments are putting together stimulus packages and central banks are providing liquidity to the financial system. While you may remember seeing similar market effects and response measures taken during … Read more

How China Will Benefit from the Coronavirus Crisis

china will benefit from the coronavirus

The Worst is Behind China In November of 2019, doctors in Wuhan, a city in China, began treating patients presenting with flu-like symptoms. As some patients developed respiratory issues, doctors began to suspect the spread of a coronavirus like SARS. The Chinese government initially made efforts to suppress these suspicions. They feared that raising alarm … Read more

5 Products You Can Buy to Protect Yourself From COVID-19

Protect Yourself From COVID-19

Don’t Panic. Prepare. The COVID-19 pandemic has created widespread panic. Scared citizens flooded supermarkets and bought up as many items as their carts could hold. What differentiates those who are prepared from those who are panicking is education. Preppers know what products to buy and why they should buy them. They’re learning how people become … Read more

Why the Second Wave of the Coronavirus Could be Worse Than the First

second wave

The Coronavirus Won’t Go Away for Good The coronavirus is dragging the world into a recession. Travel bans, celebrity infections, and declining stock prices are sending people into a state of panic. Efforts to contain the spread are stepping up, as more rapid tests are being developed and administered. The pharmaceutical industry is doing everything … Read more

Without Rule of Law (WROL): 3 Most Likely Causes

without rule of law

Why Would We Be Without Rule of Law (WROL)? A scenario where a community is without rule of law (WROL) would be catastrophic. Governance is the reason behind our continued progress. Deterrence measures like the threat of prison time for breaking the law help to ensure citizens keep in line. The collective understanding of what … Read more

Why Disaster Preparedness is So Important

Disaster Preparedness

Governments Need to Wake Up If there’s one thing we’ve learned from the coronavirus, it’s that governments around the world are unprepared for disaster. China’s initial response to the coronavirus was to suppress news of the infection, which ultimately enabled its spread. The coronavirus has now infected people across the globe and is killing US … Read more