Good day everyone, you guy @Jadeliyi is here today , it Friday morning form this side and am wondering what's going on. It end of financial day in almost all over the world and some markets in the international financial markets are open and some have closed already e.g the Sydney exchange. The last financial market for this week would be the New York stock exchange.
Before the outbreak of pandemic I was reading the Robert kiyosaki's conspiracy of the rich, which was about financial education, how the rich and business owner prepare for financial crises and how each recession and financial crises make people more richer. The 2008 world recession was an example which was consulted in the book and how billionaire like bill gate, Warren buffets e.t.c make even more fortune during those period.
Kiyosaki claims that another financial crises would happen and only those who are prepare would catch the next gain from it. As a financial student I was worried how would people and business gain more during financial crises that was when they should loss, not until the pandemic then I learnt the true financial lesson which is not though in business school what so ever.
Looking at that above chart shows how these billionaire make quite a huge fortune during the pandemic. Well they had made a lot of preparation, even though people lost jobs, small business were taken out but these people still make more money. It better to have a financial education, not they one in school but a real life one .
What are you thoughts about these?
Great article