Finweek - English

Headwinds that could become tailwinds

many friends, colleagues and associates I meet these days seem to have been completely paralysed by the present situation.

Their biggest fear is that the world financial system is headed for collapse. This is underpinned, for instance, by various research outfits beckoning that, while the first Covid-19 wave has wreaked havoc, a second one could be far worse.

The huge slump that could follow, they argue, could take a huge bite out of your nest egg. They propose that you ought to start financial distancing at the very soonest

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