Warning - Inflation, Hyperinflation, Stagflation
A good friend of mine (AndrewBa-) has made a post in a different forum; he lets me copy and paste the text here:
"I just would like to make a shout out about the consequences of the corona virus.
The american FED has now published an investigation, that shows that during the last 600 years, and after each virus outbreak, company wins decline, while salaries grow.
What doest that mean?!
That means that the prices also start to grow!
Especially, when there are some production or delivery issues. - We do not know what effects the covid-19 flu can bring to everyday working life...
Now, that south korea said that already 'cured' people again got sick by the virus, it may mean that until there is no cure developed, people will have to obey distance rules.
Only max. 5% of the european inhabitants have been sick until now, and still the virus has brought communities to their peak of what they can take...
The mortality rate is not as low, as was thought in the beginning.
So, if we get some production and delivery issues here, together with the inflation and big losses of companies and a huge debt of states, it is time to maybe park your money in some safe havens.
What can that be?!
- Safe currencies like sfr, gbp, jpy but also ruble as it is covered by much gold [that was bought by the russian government in big style],
- Gold, Silver, Omnium, Iridium - very rare metals.
- Jewels
- Your own real estate with preferably some sort of garden, where you can grow plants etc.
- Stocks from very big companies, that will forever survive.
Especially from this 3 sectors: Food (Production & Distribution), Military & Defense, Pharmateutics
Just my 2 cents...
Take care. "
Btw, all south european countries had big tax income and employment because of tourism.
Now, that no one will travel, these countries, that already have big debt, will get into even more problems.
