You are currently viewing High Debt + Covid 19 equation… Let me break it down for you

High Debt + Covid 19 equation… Let me break it down for you

Equation: High Debt + Covid19 = Disaster

Some people don’t seem to understand what this equation means.

 

Let me break it down for you.

  • High Debt + Covid19 = Disaster
  • High Debt + Covid19 = Interest Payments + Cashflow Stop
  • High Debt + Covid19 = No money to service loans
  • High Debt + Covid19 = Bank Foreclosure

Furthermore,

  • No money to service loans = No money to buy assets
  • No money to buy assets  = Asset price drop
  • Asset price drop = Not enough equity in your loan
  • Not enough equity in your loan = Bank Foreclosure
  • Bank Foreclosure = People go bust
  • People go bust = Banks go bust
  • Banks go bust = Countries go bust

You have two choices. Head in the sand and ignore it. Or eyes open and get ready.

Eyes open people ask what should I do. Head in the sand people keep playing at the beach.

 

Did you know Gold protects your money?

  • Gold stored outside the banking system protects you against bank failure.
  • Gold is a protection against currency devaluation.
  • Gold is highly liquid and easy to sell if needed in emergencies.
  • Gold price goes up during times of crisis.

Leave a Reply