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Crisis Anticipation: At age 25 you can expect to endure between 5-7 recessions, some with a...

Crisis Anticipation:

At age 25 you can expect to endure between 5-7 recessions, some with a full blown financial crisis, by the time you reach age 65. Reflect upon how you intend to monitor the financial system and economy going forward.

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I think the best way we can monitor financial system and economy is by being up to date with all the financial news, various statements of economists, financial scientists and most importantly by watching various indexes of stock exchanges throughout the world. These are a great source of financial and economic information.

If one is continuously monitoring these, he/she can definitely have a good sense of economy and one should be pro active towards such situations. One should plan his/her investments, insurances etc. In a way so they can bear the tough situation of financial crisis.

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