RE: Winners and Losers from the “Cost of Living Crisis”

Recessions are a naturally occurring part of the business cycle (demand-side)

Many people don’t know recession is part of everything and even in our day to day life’s we sometimes where things won’t be going as planned but we have to keep pushing. During recession what is important is finding a way to survive without destroying our investment.

Who would we normally expect to be the winners and losers of an economic crisis?

Government intervention are very important in making out of recession but that’s it is the right intervention like the one you have stated in this paragraph because interest rate is increasing on daily bases in U.S now which positive impact does that have on the present economy situation?

Winners

Most of the major companies listed above are doing amazingly during this time and will continue to do well especially the pharmaceuticals and weapons companies.

I always thought banks are the problems because of what happened in 2008 and now things are different in many ways, not Covid 19 that caused this recession it is the mismanagement of the economy.

Conclusion

Government intervention for this recession has not been enough and they are not helping matters looking like they are trying to support the pocket of the banks. I hope this doesn't take longer than expected.

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