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Touring Past Crises: What Happened and Why
ОглавлениеWhen a major crisis hits — for example, the 2008 financial crisis, the 2020 COVID-19 pandemic, the 2001 terrorist attacks, and prolonged recession — unexpected things happen. And if you’re one of the millions of people adversely affected, stress and emotions can add to the financial quandaries and problems you face. Each crisis is unique and impacts the economy and individuals personally in differing ways.
Past experience and the “school of hard knocks” can certainly improve how well you react to each such event. But you can prepare for and better manage through especially challenging times by examining such past episodes.