This article was contributed by Tom Beck with Portfolio Wealth Global.Â
For the past few days, I’ve been spending MANY HOURS attempting to understand what the rest of 2020 holds for Covid-19 and the western world’s response to it.
As you can see, CONTRARY TO MEDIA fearmongering, which has been stupidly out of proportion, we are in a much better place than with the Spanish Flu of 1918.
CEOs of companies, whom I’ve listened to, from 3M to Starbucks, Delta Airlines, Blackstone, Blackrock, and others, are all showing TREMENDOUS RESILIENCE. For example, Delta airplanes now have cleaner air on its flights than we have in our homes, offices, and grocery stores.
No country wants to STAY BEHIND in the race to get their respective societies on their feet.
Covid-19 in the western world is not going to vanish anytime soon. I personally DESPISE UNPROVEN vaccines and any corporate injection into my body, so I’ll resist that as long as I can. But because western democracies are not designed to be locked-up like dictatorial regimes, where the citizens can’t fight the beastly government, “discipline” is much more of a loose term in the west. This means that while the Chinese can put a whole city on total lockdown, even shutting it for months on end, it WILL NEVER HAPPEN in Europe or the USA.
Courtesy: Zerohedge.com, Deutsche Bank
Americans want their lives back!
As opposed to the Chinese, Americans believe in FIGURING THINGS OUT on the go, while maintaining their liberty.
Nothing is more important than these rights in the North American culture.
Incredible opportunities are ahead of us, originating from the changes that are coming.
People are rethinking important matters and correcting their course:
- Health: This crisis has ALERTED EVERYONE to the importance of nutrition, exercise, sleep, rest, and recreational activities. We will see INCREDIBLE DEALS in meat replacement companies, for example.
- Savings: Many realized how FRAGILE their financial positions are when a crisis hits. People will look at ways to cut back.
- Work Environment: Not everything can be done from home and not everything SHOULD BE done from home, but there will be many more who will have home offices.
This will require better cybersecurity, cloud services, online communications, and other ventures to meet the changing workplace.
Office space isn’t going away, though. It will have to evolve, though.
- Family: Many either lost a loved one or believed there was a chance of that happening. Families will grow closer from this crisis, as we see it.
We will not STOP TRAVELING; that much I can say. After 9/11, I remember New-Yorkers saying that no one would fly anymore or work in a skyscraper. Everyone looked suspicious, for a while, but the world MOVES ON and it will from this.
Europe was a battleground for centuries. The French and Germans killed each other over territory for as long as the continent has existed. Today, the borders are friendly and inviting.
Israelis love vacationing in Berlin, eighty years after WW2; things evolve, people want to put the past behind and live fully.
Find your place in this new and exciting time; MILLIONAIRES WILL BE MADE!
Tom Beck, thanks for the positive message and your comments on the history of reactions-to-bad-times. It’s true that people generally move on from sometimes epic altercations. A wise man once told me that “you only hurt yourself by carrying a grudge.”