Page 12 - Protecting Wealth: The Essential Guide To Finanacial Security

8
11
Each one of those meltdowns gutted the savings of millions... put people on the streets... and shattered the dreams of soon-to-be retirees everywhere.
But what’s just happened is nothing like what you’ve lived through before.
Harvard financial crisis experts Carmen Reinhart and Kenneth Rogoff, studying the 2020 situation, have declared that: "This time really is different..."
T“his time really is different...” Reinhart and Rogoff
Harvard
It’s concerning... truly concerning.
The New York Times reported:
"Fears are growing that the worldwide economic downturn could be especially deep and lengthy, with recovery limited by continued anxiety ...”
“Lost Decade Ahead?”
The Guardian also notes:
“History tells us that there is typically an 18 month to two year time lag after a crisis before the proverbial rug gets pulled.”