Stock Trading Strategies for the Indonesian MarketStock Trading Strategies for the Indonesian Market

The Indonesian stock market presents a myriad of opportunities for savvy investors, but navigating its complexities requires a well-thought-out approach. In this dynamic financial landscape, the role of trading brokers becomes crucial, acting as guides in the intricate world of stock trading.

Let’s delve into the diverse stock options, risks inherent in the market, and how to craft a winning stock trading strategy tailored to the Indonesian context. We will also explore the role of brokers like Quotex in trading the stock market.

Understanding the Indonesian Stock Market

Unlocking the intricacies of the Indonesian Stock Market involves gaining insights into its diverse stock options, which range from blue-chip stability to the volatility of growth and penny stocks, each contributing to the dynamic financial landscape of Indonesia.

Types of Stocks

Blue-Chip Stocks

Representing well-established and financially sound companies, these stocks offer stability and reliable returns.

Growth Stocks

Associated with companies experiencing rapid expansion, growth stocks can be lucrative but come with higher volatility.

Penny Stocks

Low-priced stocks with the potential for significant gains, yet they also carry higher risks due to their volatility.

Dividend Stocks

Ideal for income-focused investors, dividend stocks provide regular payouts, often sourced from a company’s profits.

The Risks Involved

Trading stocks in the Indonesian market is not without its challenges. Here are some key risks investors should be aware of:

Market Volatility

• • The Indonesian market can be volatile, influenced by both local and global economic factors. Sudden price fluctuations are not uncommon.

Currency Risk

• • With the Indonesian Rupiah as the local currency, fluctuations in exchange rates can impact the overall value of investments.

Regulatory Changes

• • Changes in government policies and regulations can significantly impact the stock market. Staying informed is crucial for adapting to such shifts.

The Role of Trading Brokers

In the dynamic world of stock trading, the role of trading brokers is instrumental. These professionals act as intermediaries, facilitating transactions between buyers and sellers. Here’s how they contribute to a trader’s success:

Market Expertise

• • Trading brokers possess in-depth knowledge of the Indonesian market, offering valuable insights to guide investment decisions.

Execution of Trades

• • Brokers execute trades on behalf of investors, ensuring timely and accurate transactions in the fast-paced stock market.

Risk Management

• • Experienced brokers assist in managing risks, helping investors navigate the complexities of market fluctuations and unforeseen events.

Developing a Successful Stock Trading Strategy

Crafting a successful stock trading strategy requires a thoughtful and systematic approach. Consider the following steps:

1. Establishing Your Objectives and Risk Threshold

Precisely delineate your financial objectives and evaluate the level of risk you are prepared to undertake. This process will serve as the compass for your investment choices.

2. Diversify Your Portfolio

Spread your investments across different types of stocks to mitigate risk. A well-diversified portfolio can provide a more stable long-term return.

3. Stay Informed

Keep abreast of market news, economic indicators, and company performance. Informed decisions are key to successful trading.

4. Utilize Technical Analysis

Understand technical indicators and charts to identify potential entry and exit points. Technical analysis can help in timing your trades effectively.

5. Regularly Review and Adjust

Markets evolve, and so should your strategy. Regularly review your portfolio, assess performance, and make adjustments as needed.

READ ALSO: Economic Policy Changes And Their Ripple Effects On Small Businesses And Mortgages

Conclusion

Navigating the Indonesian stock market requires a combination of market knowledge, a well-thought-out strategy, and the expertise of trading brokers. By understanding the types of stocks available, acknowledging the associated risks, and crafting a robust trading strategy, investors can position themselves for success in this dynamic financial landscape.

Political Dynamics and Financial Strategies: Leveraging Lawsuit Funding Loans and Pre-Settlement Cash AdvancesPolitical Dynamics and Financial Strategies: Leveraging Lawsuit Funding Loans and Pre-Settlement Cash Advances

The correlation between political events and financial strategies is a dynamic one, where adaptability and foresight become crucial. In the Lone State, one avenue gaining attention is the strategic use of Texas lawsuit funding loans and pre-settlement cash advances, providing a unique financial tool for those navigating the complexities of legal battles.

Understanding the Landscape: Political Dynamics and Financial Strategies

Political events can send ripples through the financial markets and impact individuals’ economic well-being. In such times, having robust financial strategies becomes imperative. Lawsuit funding loans, particularly in Texas, have emerged as a viable option for those facing legal battles. These financial tools offer a lifeline to individuals, enabling them to address pressing financial needs while their legal case unfolds.

The Texas Advantage: Exploring Lawsuit Funding Loans

The Texas Advantage shines through when exploring Lawsuit Funding Loans. Swift access to funds, flexibility in repayment terms, and the ability to mitigate immediate financial stress distinguish Texas lawsuit funding loans, making them a strategic lifeline for individuals navigating the complexities of legal battles in the Lone Star State.

Quick Access to Funds

• Texas lawsuit funding loans provide individuals with swift access to funds, a critical aspect when facing unexpected financial challenges during legal proceedings.

Mitigating Financial Stress

• By alleviating immediate financial pressures, individuals can better focus on their legal case without being burdened by economic uncertainties.

Flexibility in Repayment

• These funding options often come with flexible repayment terms, allowing individuals to tailor the financial arrangement to their unique circumstances.

Strategic Maneuvers: Pre-Settlement Cash Advances Unveiled

Pre-settlement cash advances, another financial strategy in this landscape, offer a different approach to managing financial needs during a legal dispute.

Risk Mitigation

• Unlike traditional loans, pre-settlement cash advances are non-recourse, meaning individuals only repay the advance if they win their case. This significantly mitigates financial risk.

Bridging the Financial Gap

• For those facing protracted legal battles, pre-settlement cash advances act as a bridge, providing financial support to cover living expenses, medical bills, and other immediate needs.

Empowering Decision-Making

• Access to funds empowers individuals to make informed decisions about their legal proceedings without being constrained by financial constraints.

Navigating Economic Challenges: A Case Study

Let’s delve into a hypothetical case to illustrate the practical application of Texas lawsuit funding loans and pre-settlement cash advances.

Case Overview

• John, a resident of Texas, finds himself in a complex legal battle that is likely to extend over several months.

Leveraging Lawsuit Funding

• John opts for a Texas lawsuit funding loan to address immediate financial needs. This allows him to hire a competent legal team and navigate the legal process without sacrificing his financial stability.

Pre-Settlement Cash Advance in Action

• As the legal proceedings continue, John faces unexpected medical expenses. A pre-settlement cash advance becomes instrumental in covering these costs, ensuring he can focus on his case without compromising his health.

READ ALSO: Economic Policy Changes And Their Ripple Effects On Small Businesses And Mortgages

Conclusion: A Synergistic Approach to Financial Resilience

In the face of political dynamics and economic uncertainties, individuals must adopt a resilient approach to financial management. Texas lawsuit funding loans and pre-settlement cash advances provide a synergistic solution, allowing individuals to navigate legal challenges without compromising their financial well-being.

The landscape of political events will continue to evolve, but with strategic financial tools, individuals can stand resilient against the tide of uncertainty.

Political Policies and Their Impact on Perth’s Property Investment MarketPolitical Policies and Their Impact on Perth’s Property Investment Market

As a vibrant and growing city, property investment Perth market has been influenced by various factors, including political policies. In the realm of real estate, these policies play a pivotal role in shaping the investment landscape. Let’s delve into the intricate relationship between political decisions and Perth’s property investment market.

The Planning and Zoning Policies

One of the ways political policies affect property investment in Perth is through planning and zoning regulations. These regulations determine how land can be used and developed, which directly impacts property values and potential returns on investment. Government policies aimed at urban development, housing affordability, and land-use planning can either attract or deter property investors.

Stimulus Packages and Economic Policies

Economic policies and stimulus packages can significantly influence property investment in Perth. For instance, government incentives and tax benefits can make investing in property more appealing. First-time homebuyer grants or property tax reductions can stimulate demand in the real estate market.

On the flip side, decisions related to interest rates and the overall economic climate can affect borrowing costs for property investors. Political decisions regarding monetary policy, trade agreements, and budget allocations all have repercussions that ripple through the property investment sector.

ALSO READ: The Economic Impact of the Ukraine War

Infrastructure Development

Perth’s growth and property investment opportunities are closely linked to infrastructure development policies. Investment in transportation, schools, healthcare, and other amenities can make certain areas more attractive for property investment. Policies aimed at improving and expanding infrastructure can increase property values in specific neighborhoods.

Regulatory Changes and Taxation Policies

Regulatory changes and taxation policies can alter the property investment landscape. For instance, reforms in property investment taxation may impact the return on investment, influencing investor decisions. It’s crucial for property investors to stay informed about any changes in these policies to make informed investment decisions.

Environmental and Sustainability Policies

Political policies related to environmental sustainability can also have implications for property investment. The push for eco-friendly and energy-efficient buildings, as well as emissions reduction targets, can affect property values and investment returns. Forward-thinking property investors often consider these factors to align their investments with the changing environmental landscape.

Conclusion

In conclusion, political policies are not just abstract decisions made in the corridors of power; they have tangible impacts on Perth’s property investment market. Investors must keep a keen eye on these policies, as they can create opportunities or challenges within the dynamic world of property investment. Understanding how political decisions influence the real estate market is essential for making informed and profitable investment choices.

Economic Policy Changes and Their Ripple Effects on Small Businesses and MortgagesEconomic Policy Changes and Their Ripple Effects on Small Businesses and Mortgages

In an ever-evolving economic landscape, staying ahead of the curve is crucial for businesses and individuals alike. Recent changes in economic policies have sent shockwaves through various sectors, with both direct and indirect consequences. In this article, we will delve into the intricacies of these policy shifts and explore their impact on small businesses and the mortgage industry. Moreover, we will shed light on the role of mortgage brokers in helping businesses adapt to these changes. But first, let’s address a fundamental question: how to get pre approved for a mortgage.

How to Get Pre-Approved for a Mortgage

Before we embark on our exploration of economic policy changes and their consequences, it’s essential to understand the process of getting pre-approved for a mortgage. This step is vital for prospective homeowners and even small business owners looking to invest in real estate.

1. Gather Financial Documentation: To get pre-approved for a mortgage, you’ll need to compile essential financial documents. These typically include proof of income, tax returns, bank statements, and information on outstanding debts. Mortgage lenders will scrutinize these documents to assess your creditworthiness.

2. Choose a Lender: Explore your options and choose a trustworthy mortgage provider. You have a range of choices, including established banks, local credit unions, or skilled mortgage specialists who can guide you through the intricate mortgage terrain.

3. Complete a Pre-Approval Application: Fill out a pre-approval application provided by your chosen lender. Be prepared to provide detailed financial information, including your employment history, assets, and liabilities.

4. Credit Check: Lenders will conduct a credit check to evaluate your credit score and credit history. A higher credit score often translates to better mortgage terms.

5. Await Approval: Once you’ve submitted your application and supporting documents, the lender will review your information. If you meet their criteria, you’ll receive a pre-approval letter, which specifies the loan amount for which you qualify.

With this pre-approval in hand, you have a clearer picture of your budget when considering purchasing a home or investment property. Now, let’s delve into the heart of our discussion: economic policy changes and their effects.

The Ripple Effects of Economic Policy Changes

Direct Impact on Small Businesses

Economic policy changes, such as alterations in tax laws, interest rates, and regulatory reforms, can have direct and profound effects on small businesses. Let’s break down some of the key ways these changes can impact entrepreneurs.

1. Taxation Policies: Changes in tax policies can directly affect a business’s bottom line. For instance, tax cuts can lead to increased profitability, allowing businesses to invest more in growth and hiring. Conversely, tax hikes can place additional financial burdens on small businesses.

2. Interest Rate Shifts: Alterations in interest rates can impact the cost of borrowing for small businesses. A rise in interest rates can lead to higher loan payments and reduced borrowing capacity, affecting expansion plans and investments.

3. Regulatory Reforms: Changes in regulations can alter the business environment, affecting compliance costs and operational procedures. Small businesses may need to adapt quickly to stay in compliance and avoid penalties.

Indirect Impact on Mortgages

While economic policy changes directly impact businesses, they also send ripple effects throughout the mortgage industry. These effects can influence mortgage rates, housing market conditions, and the availability of financing for small business owners looking to invest in real estate.

1. Mortgage Rates: Interest rate changes, driven by economic policies, can affect mortgage rates. A rise in interest rates can lead to higher mortgage payments for homeowners and potentially slow down the housing market.

2. Housing Market Dynamics: Economic policy changes can influence the overall health of the housing market. Policies that promote economic growth can lead to increased demand for homes, potentially driving up prices. Conversely, policies that hinder economic growth may have the opposite effect.

3. Financing Availability: Small business owners seeking mortgages for investment properties may find it more challenging to secure financing if economic policies restrict lending or tighten lending standards.

The Role of Mortgage Brokers

Amidst these economic policy shifts, mortgage brokers play a crucial role in helping businesses and individuals navigate the complex mortgage landscape. Mortgage brokers act as intermediaries between borrowers and lenders, offering several benefits:

1. Expertise and Guidance: Mortgage brokers have in-depth knowledge of various loan products and lending institutions. They can provide guidance on the most suitable mortgage options based on individual financial circumstances.

2. Access to Multiple Lenders: Brokers have access to a network of lenders, including banks, credit unions, and private lenders. This access allows them to find the best loan terms and rates for their clients.

3. Streamlined Process: Mortgage brokers simplify the mortgage application process by handling paperwork and negotiations with lenders on behalf of their clients. This saves borrowers valuable time and reduces stress.

4. Tailored Solutions: Brokers work closely with borrowers to understand their unique financial goals and constraints. They then customize mortgage solutions to meet those needs effectively.

Read also: The Realistic Reasons Why The Housing Market In MA Is Cooling Down

Conclusion

Economic policy changes have far-reaching implications, impacting both small businesses and the mortgage industry. As entrepreneurs and individuals alike grapple with these changes, the expertise and guidance of mortgage brokers become increasingly valuable. By understanding how to get pre-approved for a mortgage and enlisting the assistance of experienced brokers, individuals, and businesses can better navigate these shifting economic tides and secure their financial futures.

The Intersection of Politics, Economy, and FinanceThe Intersection of Politics, Economy, and Finance

The global political, economic, and financial systems are intertwined and have a profound impact on each other. The decisions made by politicians and financial institutions can lead to significant changes in the economy and vice versa. Understanding this interplay is crucial for predicting future trends and making informed decisions.

Politics and the Economy

One of the ways in which politics affects the economy is through the creation and implementation of policies. Governments can use fiscal and monetary policies to regulate economic activity. For instance, a government may increase spending to stimulate growth, reduce taxes to increase consumer spending, or adjust interest rates to control inflation.

Additionally, the political landscape can also shape business sentiment. For instance, the stability and predictability of a government can determine whether investors are willing to put their money into a country. 

On the other hand, political unrest and corruption can have a negative impact on the economy.

Economy and Finance

The health of the economy also has a direct impact on the financial sector. For instance, a robust economy can lead to increased investment and borrowing, which can result in higher stock prices and lower interest rates. Conversely, a downturn in the economy can lead to reduced borrowing, lower stock prices, and higher interest rates.

Moreover, the financial sector plays a critical role in the economy by providing access to capital, enabling businesses to grow and hire more workers, and supporting consumer spending. The stability of the financial sector is crucial for the overall health of the economy.

Finance and Politics

The financial sector is heavily regulated by the government, and changes in the political landscape can have a significant impact on the financial sector. For instance, changes in tax laws, regulatory policies, and trade agreements can affect the financial sector in various ways.

Additionally, the political landscape can shape the financial sector’s perceptions and expectations. For example, a stable and predictable government can create a favorable environment for investment and borrowing, while political unrest can cause investors to pull back and disrupt the financial markets.

In conclusion, the intersection of politics, economy, and finance is a complex and dynamic relationship. Understanding the interplay between these systems is crucial for predicting future trends, making informed decisions, making financial planning and ensuring long-term stability and growth. 

By monitoring and adapting to changes in politics, economy, and finance, businesses and individuals can better position themselves to succeed in the long term.

Why Working in Politics Can Help You Get a Higher Salary?Why Working in Politics Can Help You Get a Higher Salary?

Working in politics can be a rewarding and lucrative career choice. With the right combination of skills and experience, you can use your knowledge of the political process to open up opportunities to better salaries and greater job security. 

By understanding the benefits and opportunities of political employment, you can make an informed decision about whether working in politics is right for you.

Opportunities of Working in Politics

Aside from enabling you to use payday loans places, working in politics provides you with many opportunities to grow both personally and professionally. The right political position can give you the chance to make a difference, build your professional skills and earn higher salaries. 

• Make a Difference – Many political issues, such as social or economic justice, are likely to remain relevant for the foreseeable future. Political work can give you the opportunity to make a difference in your community. 
• Develop Your Professional Skills – Many political jobs require skills, such as critical thinking, persuasive communication, problem-solving and information analysis, that can be applied to other industries and help you advance your career.
• Earn Higher Salaries – Some political occupations can offer significantly higher salaries than others, which can help you better support yourself and your family.

How to Increase Your Earning Potential?

As a politician, there are several ways that can be done to increase your earnings without abusing your power. Some of which are as follows:

• If you choose to work in politics, you can increase your earning potential by networking, pursuing professional development and finding the right political position. 
• Pursuing professional development can help you develop the skills you need to excel in your job and advance your career. 
• Finding the right political position can help you earn a higher salary because some political occupations offer higher salaries than others.

Networking with political professionals can help you find opportunities and make connections that can lead to better job opportunities.

Types of Political Jobs

Political employment typically falls into two categories: government and non-government. 

1. Government – Government political occupations are typically administered by the federal, state or local government. Government positions can vary widely, but they often focus on social issues, such as civil rights, immigration and healthcare.
2. Non-Government – Non-government political occupations are administered by external organizations, such as political parties, unions and nonprofit organizations.

Political occupations can also be classified as advocacy, campaigning, lobbying or consulting. 

The Political Factor on Forex MarketThe Political Factor on Forex Market

The forex market could be a global marketplace, where individuals, financial institutions, brokers  for recommended brokers), organizations, businesses, and governments from all corners of the planet exchange currencies. The daily trading volume of the forex market is more than $6 trillion making it the world’s largest and most liquid market.

What Factors Impact the Forex Market?

Having such a world presence, the forex market is impacted by various factors. These are broadly classified into two categories:

Macroeconomic factors: These include rate, inflation, visible balance, the balance of payments, and government debt.

Non-macroeconomic factors: These include sentiment, speculation, acts of terrorism, natural disasters, major events (Olympics, pandemics), and politics (diplomatic relations, elections, assassinations).

ALSO READ: 300 Decades Of Money Trading

Does Political News Have a better Impact on the Forex Market than Economic Releases?

Typically, macroeconomic factors associated with a rustic tend to possess a far more significant and direct impact on its local currency. However, their impact is sometimes short-lived. This can be because experts from across the planet use sophisticated measures and analytics to create predictions of economic releases. Moreover, there are indicators of how good or bad the information may well be.

Let’s take the US NFP (non-farm payroll) report as an example. This is often the foremost market-moving economic release. Days or perhaps weeks before the discharge, experts from every corner of the globe issue their forecast of the headline figure. Moreover, the initial jobless claims report gives a sign of the strength or weakness of the subsequent NFP headline figure. Let’s say, the report misses or beats expectations despite all this. Due to technological advancements, traders and investors are quick to reply to the report. Yes, there’ll initially be wide price swings but, after some hours of this high volatility, the forex market settles again and waits for the following economic data release!

On the opposite hand, non-macroeconomic factors often don’t have a major impact on the forex market. However, more than those of macroeconomic nature, there are times when these factors have a more widespread and long-lasting impact. Among these non-macroeconomic factors is politics.

How Does Politics Affect the Forex Market?

While there are several factors that affect the flow of interchange and cause fluctuations within the value of currencies, traders often ignore the deep impact that politics can wear the forex market.

Politics can cause great uncertainty for traders and investors around the world. This can be because political events are typically:

• Long-drawn – over weeks, months, or perhaps years (definitely over some hours!)
• Largely unpredictable – thanks to the massive number of variables at play
• Involving more countries – implications for allies and adversaries are what even elections in one country have

Some geopolitical events, like Trump’s presidential win, the French elections, the US-China trade war, and Brexit caused more significant price swings within the currency market than even the foremost important economic data released by a rustic.

New Foundation Of Policy EconomyNew Foundation Of Policy Economy

As a policy economist from The Hague, you work in a fun and exciting environment, with smart and ambitious colleagues and with a lot of current events. Unfortunately, the contribution of policy economists to well-thought-out and future-oriented policy is very limited. That’s a shame and could be much better. By the way, visit this site LA Century Law.

Examples of missing thinking

Let me describe this pity with a broad spectrum of examples, examples of straightforward shortages in terms of attention to obvious economic issues that would deserve urgent attention.

Current account surplus

For many years now, the Netherlands has had an exceptionally large current account surplus, ie a national savings surplus. This is also criticized by the European Union and the International Monetary Fund. I am not aware of any plan of approach from the policy economists in The Hague to do anything about it. And they are not questioned.

Lagging income development

Since the turn of the century, the income development of households has lagged behind that of companies. Until a few years ago, policy economists nevertheless maintained that wage moderation is the best recipe for the Dutch economy. But thinking about the function of the minimum wage or the level of welfare is dogmatic, and ignores the psychological possibilities and limitations of people at the bottom of the wage structure.

Cuts

After the credit crisis of 2008/2009, the Netherlands experienced a W-shaped recession, unlike the EU countries that we normally refer to. This was the result of the strict austerity policy of the Rutte II cabinet. This austerity policy was recommended and defended by the vast majority of policy economists in The Hague. After all, it was a balance sheet recession. It was only when the budgetary policy had to be considered in the current corona crisis that the realization dawned that austerity might not be the best way out of a crisis.

Wealth distribution

Every year, policy economists in The Hague are extremely busy with the distribution of income, the result of a political fixation on purchasing power figures. The fact that the Netherlands has an enormously skewed wealth distribution is completely ignored. Fortunately, the Central Bureau of Statistics has recently announced that it will provide more figures for this.

Investments

The policy economists are very focused on the economic effects of budgetary policy with regard to the current and forthcoming government term. Long-term effects of expenditure with an investment character are not covered, and therefore often excluded. As a result, the Netherlands has fallen behind in areas such as education (see the PISA scores) and sustainable energy, and we are also struggling with major overdue maintenance in the housing stock, physical infrastructure, and the environment. Policy economists have no answer for this because they have no model to estimate the long-term macroeconomic effects of investments. For the long term, the Central Planning Bureau (CPB) only looks at the effects of aging in a model.

Risk scenarios

There was no economic recovery scenario during the credit crisis. There was also no analysis of the functioning of the financial sector. At the beginning of this century, there was no single scenario to combat the climate crisis. Not even in 2010. Only a few years ago did the CPB, De Nederlandsche Bank and the policy economists in the ministries recognize the need for sustainability. And finally, there has not been a single economic scenario for the economic survival of a pandemic recently, although the National Security Profile 2016 explicitly pointed out how great the risk and impact of a pandemic is.

Thinking also falls short

It becomes more complicated with examples in which it becomes clear that economic thinking does not match reality. In the example about lagging household income development, I already hinted at this: the policy economist in The Hague assumes self-reliant citizens. Measures are devised with incentives that also have an effect on citizens’ actions because they understand these and see how they can prevent disadvantages or collect benefits. The fact that a large proportion of Dutch citizens is poorly educated has little ‘doing ability’ or comes from a different cultural setting has no place in this thinking. As a result, the social climate in the Netherlands is rather harsh. With a lot of in activities, a lot of debt, and the poor health of a large part of the population. Policy economists, including the CPB, have little connection with the analyzes and thinking of the Social and Cultural Planning Office.

Consequences of Corona to German EconomyConsequences of Corona to German Economy

The Corona crisis hit economic activity hard and had a massive impact. After the severe recession in the first half of 2020, the German economy appeared to be dealing with the consequences of the pandemic better than expected. However, due to the renewed partial lockdown in winter 2020/21, the effects could be more pronounced in the end.

How the virus crisis has affected the German economy so far, what causes the crisis in general, what consequences it has throughout the world, and how you try to counter this with the appropriate measures – that is what this dossier is about.

How is the Corona crisis affecting the German economy?

The world corona crisis with interrupted supply chains has overwhelmed German exports, but also private consumption. Exit restrictions, border closures, and the economy have seriously affected economic life since mid-March 2020. After ten years of growth, the German economy fell into a deep recession in 2020.
After the crisis of Corona, this initially led to another drop in economic output. In 2021, the German economy rebounded in the second quarter. According to the Federal Statistical Office, economic output was still 3.3 percent lower than in the fourth quarter of 2019, the quarter before the start of the Corona crisis.

How does the Federal Government support the German economy?

The federal government started an aid program at the beginning of the corona crisis. They have helped the German economy in the form of loans, recapitalizations, sureties, and guarantees. The economic consequences must be cushioned as far as possible with liquidity aids worth billions of dollars. Corona aid for commercial and autonomous companies is the largest aid package in the history of the Federal Republic. Find out more about the economy on.

Consequences of the crisis for globalization

The year 2020 will go down in economic history as a very special year. That is already clear today. The Corona crisis has caused a global decline in economic and finance growth that has not occurred since World War II. The global financial crisis of 2008 cannot continue either.

There are three reasons why it is extremely difficult to assess the consequences of this crisis. On the one hand, it is precisely its gigantic extension that breaks all previous horizons of experience and devalues ​​the corresponding comparisons.

On the other hand, it is the nature of the crisis that it does not originate in the economy itself, but in a simple medical fact: the extremely easy spread of a virus called: Covid19. And last but not least, its global dimension: almost every country in the world is affected, it is experiencing its own severe economic recession and, at the same time, it is severely affected by massive declines in trading partner countries.