An extract from arora report how the China virus will change parts of our life some obvious and some to ponder
- The government will become a bigger part of the American economy.
- Americans will have less privacy and fewer rights.
- Poor, lower middle class and the rich will do better as the government programs will help them. Upper middle class such as professionals will get squeezed with higher taxes.
- A segment of the population will start saving more.
- More people will work from home.
- Corporations will not want to own or rent as much office real estate as before.
- Online education will become more popular.
- Colleges and universities will come under financial pressure.
- The shift to cloud will accelerate.
- Telemedicine will become popular.
- More people will buy groceries on line.
- There will be a golden age of biotechs.
- Supply chains will shift closer to home.
- Consumers will horde.
- Corporations will hold more inventory.
- Active stock and ETF pickers will shine.
- Investors will struggle with the potential of massive deflation first and eventual massive inflation.
- Many brick and mortar retailers will be in trouble and so will the shopping malls.
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- The Brains Trust - 2020
The Brains Trust - 2020, page-966
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