The following is crass given the global suffering Coronavirus, but it’s realistic and something everyone is thinking. How to profit in an economic crisis caused by the Coronavirus:
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The virus goes global so a domestic supplier of whatever isn’t going to get you far. 5. Less densely populated, better medical care, and countries with fewer old people will perform much better. USA is in a great position.
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6. Unless government steps in, medical insurers will have problems. A week in icu with ventilation is conservatively $70k. Multiply that by 1 million people. It’s like 2-3x hurricane Andrew.
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7. A lot of old people will die. After we get through this thing we’ll all say “that was terrible but boy was it good for our economies/govt budgets”. Old folks homes will empty out big time. Diabetics and obese will perish in large numbers.
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8. we should see the typical bullshit where the feds give money to banks to restimulate the economy. Drop in asset prices will be short lived. They will have to offer loans to many types of industries. Get in before that happens and you’ll do all right
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In summary, get cash, don’t die, and time your purchase. END! This is my first economic crisis that I’ve lived through as a non-student. What did I get wrong? What I miss? What’s the fastest way for me to get access to debt capital now?
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