Intelligent Investing for a Post-Crisis Economy

Economies are in freefall. People are losing their jobs. Companies, large and small, are going out of business. Pension funds are taking a big hit. Consumer confidence is disappearing.

As the coronavirus affects more and more sectors, the obvious questions to ask are: What will the world look like after the crisis? How will we ever get back to normal? Are we facing a new economic and social reality?

For sure, nothing is certain. The only thing we do know is that with every extension of the lockdown, the call for a short-term rescue and, more importantly, long-term financial stimulus, gets louder.

Of course, health is the priority. But it would be a mistake not to think about the economic aftermath and recovery strategies as well.

“Re-Risking” the Economy

Economic rescue plans focus on saving small and medium-sized enterprises and protecting low-income and middle-class families and other persons without a financial cushion.

But governments shouldn’t only think about protecting people. They should also encourage them to take new risks. Over the last few decades, economic growth has been driven, in large part, by the innovators who “think different” and take a chance to launch a new business or support a new business…