Beating COVID-19: Tips for Your Insurance, Finances, and Business - April 10, 2020

April 10, 2020
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"Post-COVID-19 Economy: Less From Washington May Be More"

From Forbes:

* How did the federal government react? As recounted in James Grant’s definitive history of that contraction, The Forgotten Depression—1921: The Crash That Cured Itself,Washington did the opposite of what economists would counsel today. Spending was slashed from wartime levels; taxes were cut; regulations that had been piled on during the conflict were lifted; and nationalized companies, primarily railroads and telephone companies, were returned to their rightful owners. The dollar was not devalued. The economy quickly rebounded. We were soon at full employment, and the Roaring ’20s were underway. The U.S. experienced one of the most innovative eras in its history.

 

 

"How To Buy Life Insurance During The COVID-19 Pandemic"

From Forbes:

* One of the most important things to know is that life insurance companies are open for business and are taking applications. Now more than ever, life insurance is an important element of many people’s financial plans.

 

 

"Report: American Companies Are Leaving China"

From Daily Wire/ Forbes:

* Rapoza concludes in Forbes, “China is the go-to source for ibuprofen, hazmat suits, rubber gloves, surgical masks, ventilators … companies will want to hedge their supply chain strategy by spreading their risks. That doesn’t mean a full abandonment of China. It does mean China’s days as the go-to manufacturing hub for the Western world are over.”