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The Losers & Winners of the Coming Great Reset Recession As the world continues to grapple with the devastating impacts of the ongoing COVID-19 pandemic, economists are predicting a great reset recession to follow. This recession is expected to bring about significant changes to various industries, economies, and societies around the globe. While there will inevitably be winners and losers amidst the chaos, understanding who they are is crucial in navigating the post-pandemic landscape. On the losing side, we find industries that were hit the hardest during the pandemic and are likely to continue facing challenges in the future. The travel and hospitality sector, for example, have experienced a monumental downturn as international borders closed, flights were canceled, and people drastically limited their vacation plans. This industry is projected to face an uphill battle in the coming recession, as travel restrictions may persist and consumers will remain cautious about non-essential travel. Furthermore, traditional brick-and-mortar retailers are contending with a significant decline in foot traffic as e-commerce continues to soar. With increasing numbers of consumers relying on online shopping, physical stores are struggling to adapt. The recession is only expected to exacerbate these challenges, leading to store closures and job losses. The energy sector is another probable loser of the coming recession. As the world transitions towards renewable energy sources and sustainable practices, fossil fuel industries may face a decline in demand. With the economic downturn further dampening energy consumption, oil prices are projected to remain low - a situation that can be detrimental to oil-dependent economies. Oil-producing nations heavily reliant on oil revenues may experience devastating consequences, creating a ripple effect across the global economy. While there are sectors that will bear the brunt of the recession, there are others positioned to thrive in the aftermath. The technology industry, for instance, is expected to continue its steadfast growth. With the pandemic accelerating digitalization, technology companies that provide remote work solutions, online services, and innovative solutions are likely to witness increased demand. This surge in demand presents opportunities for companies in fields like e-commerce, cybersecurity, and telecommunication to expand their operations and gain market share. Additionally, the healthcare industry is anticipated to emerge as a winner in the coming recession. The pandemic has shed light on the vulnerabilities of healthcare systems worldwide, prompting increased investments in medical research, telehealth, and healthcare infrastructure. This sector can expect a surge in demand and a focus on ensuring the resilience and efficiency of healthcare services. Amidst this economic turmoil, the new wave of green technologies and sustainable practices may pave the way for a more environmentally conscious future. Companies investing in renewable energy, electric vehicles, and sustainable practices are likely to flourish as the world shifts towards a greener economy, fueling job creation and economic growth. The winners and losers of this great reset recession may not be set in stone. Government policies, stimulus packages, and collective efforts to mitigate the impact can play a significant role in shaping the outcomes. Nonetheless, understanding these potential winners and losers can serve as a compass for individuals, businesses, and policymakers alike as they navigate the uncharted waters of the post-pandemic world. It is a time that calls for resilience, innovation, and adaptability to ensure a sustainable and inclusive recovery for all. https://inflationprotection.org/the-upcoming-great-reset-recession-those-who-lose-and-those-who-win/?feed_id=124755&_unique_id=64cfac80cd608 #Inflation #Retirement #GoldIRA #Wealth #Investing #investing #makingmoney #MeetKevin #money #passiveincome #realestate #startingtoinvest #stockmarket #Stocks #wealth #RecessionNews #investing #makingmoney #MeetKevin #money #passiveincome #realestate #startingtoinvest #stockmarket #Stocks #wealth
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