What are you doing to prepare for the crisis after the crisis? Have you thought of the implications of the defaulting of household debt, corporate debt and sovereign debt? How will this lead to recession and an economic crisis in 2020? Here's what you need to know. Please leave your comments below! TIMESTAMPS: Introduction: 00:00 Air-Asia Tony Fernandez Story: 01:01 Wave 1 - Consumer Debt Defaults: 02:38 Wave 1 Consequence: 07:09 Wave 2 - Corporate Debt Defaults: 07:30 Wave 2 Consequence: 12:50 Derivatives of an Economy: 14:12 Wave 3 - Sovereign Debt Defaults: 17:11 Wave 3 Consequence: 21:47 Five Strategies to Follow!: 22:24 Outro: 27:03 Subscribe!: https://www.youtube.com/user/rogerhamiltontv?sub_confirmation=1 Sources: https://finance.yahoo.com/news/global-consumer-default-wave-just-000000692.html https://www.nytimes.com/2020/04/08/business/economy/coronavirus-rent.html https://www.latimes.com/business/story/2020-04-02/home-mortgage-default https://news.un.org/en/story/2020/04/1061322 https://www.ccn.com/corporate-debt-was-a-recession-time-bomb-coronavirus-just-lit-the-fuse/ https://edition.cnn.com/2020/04/02/business/oil-crash-bankruptcies-whiting/index.html https://www.businessinsider.com/coronavirus-airlines-that-failed-bankrupt-covid19-pandemic-2020-3?IR=T https://eu.usatoday.com/story/travel/hotels/2020/03/20/coronavirus-half-us-hotels-could-close-amid-pandemic/2885071001/ https://www.bloomberg.com/opinion/articles/2020-04-14/global-great-lockdown-will-dwarf-the-great-recession https://www.chicagobusiness.com/commercial-real-estate/fight-over-commercial-rent-gets-ugly-default-wave-looming https://www.bbc.com/news/business-52306001 https://www.independent.co.uk/news/world/africa/coronavirus-africa-risk-pandemic-cases-covid-a9447961.html https://www.cryptoglobe.com/latest/2020/03/deutsche-bank-strategists-warn-of-hyperinflation-generated-by-coronavirus-policies/ --- Where will you be in 10 years?: https://www.youtube.com/watch?v=Zu5T4qcyuVU 5 steps to Flow: https://www.youtube.com/watch?v=n6QbgMXQ6h8&t=0s How to design your perfect day: https://www.youtube.com/watch?v=vL1SP5UbRAU Find your Unique Genius: https://www.youtube.com/watch?v=FH50mR9ACeE&t=0s --- Roger James Hamilton is a futurist, social entrepreneur and New York Times Bestselling Author of the Millionaire Master Plan. He is the founder of Entrepreneurs Institute and the creator of the Wealth Dynamics, Talent Dynamics & Genius Test Profiling Systems, used by over 250,000 entrepreneurs to follow their flow. --- http://www.rogerjameshamilton.com
The 3 crisis waves coming - Debt, recession, economic crisis 2020
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