Preview Mode Links will not work in preview mode

Kerry Lutz's--Financial Survival Network

Jun 27, 2022

There’s a major storm hitting financial markets across the globe. How do you use this as an opportunity rather than fearing it? I sit down and chat with Mariusz Skonieczny, and we focus on the destruction that needs to happen in order for the economy to ever be able to heal. Trying to indefinitely put off economic pain never works. At the end of the day, we have to face things like recession to move forward, which entails fixing the supply chain and lowering prices. Tune in for more insight.

-This looks like a genuine bear market—many people out there investing have never experienced a bear
-It’s a matter of who is going to survive the storm
-We’re experiencing creative destruction; recessions often cleanse the economy, allowing it to heal
-Trying to put off economic pain indefinitely never works
-As the economy has progressed, there seems to be a belief that we can prevent recessions, but these are inevitable
-Look for companies that provide a solution and are useful to society
-The economy has to re-allocate its resources so that we can solve supply chain disruptions and stop price increases

Useful Links:
Financial Survival Network
Mariusz Skonieczny YouTube