Wednesday, July 29, 2020

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Where is the world economy taking us from here?
When is this corona-virus going to stop?
The world economy is shattered and Gone FOREVER.
It will never come back as it specifically was, and in its place generally tougher, more demanding market  will emerge.
Consumers will have the POWER, ordinary products and services won't be tolerated, money will be spent with caution, sellers will be scrutinized, and business will be earned not given. Let me put it another way: all companies go bankrupt. It's a matter of time.
Want proof?
Out of the 100 largest companies of 50 years ago, 17 survive today. And none of those 17 are the market leaders they used to be. This is not going to be the economy we once knew. We have the stories about stocks crushing, jobs dying and foreclosures breeding like rabbits.
Yes indeed, the world is changing and the future is critical.
Now we need entrepreneurs more than ever.

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