In the 1930s, the world experienced the Great Depression, while 2008-2009 was the time of the Great Recession. The Covid-19 coronavirus pandemic of 2020 has been variously described as the “Great Disruption”, “Great Lockdown”and “Great Shutdown” to highlight its similarly huge impact on society. Collectively, we are making history for our future generations.
What will the world become, once the pandemic passes? The truth is: no one knows for sure. But we can steer its course.
Amidst the pandemic, I am afraid to buy stocks (upcoming)
Amidst the coronavirus pandemic, a New Deal may be coming
This is the age of the Great Disruption, in the midst of which the IMF has already warned that the global economy may experience its worst recession since the Great Depression of the 1930s. As the Covid-19 coronavirus pandemic continues to unfold, casualties in the business world are mounting but yet, some companies are thriving. Will these early winners be able to sustain their momentum, and how will those on the losing side recover once the viral outbreak subsides? More importantly, what lies ahead for all companies?
(Click here to read on MEDIUM.COM)
The Covid-19 coronavirus pandemic will go down in history as the Great Disruption
Prominently located along the Marina Bay waterfront next to landmarks like Merlion and Esplanade on the edge of Singapore’s bustling financial district, the Marina Bay Sands integrated resort is an iconic building that used to attract hordes of tourists every day. When I recently visited during the Easter weekend however, the whole waterfront was eerily quiet. Instead of the lively musical fountain shows that lit up Marina Bay Sands every night to the delight of camera-toting tourists, the whole building façade is now lighted up with a — static — rallying call to Singapore citizens to work together to overcome the challenges arising from the Covid-19 pandemic. There I was, in the most picturesque part of Singapore, but virtually everything is shut down — and during a festive weekend too …..
Starting life anew after the coronavirus pandemic: Let your (good) habits compound
When I was young, I wanted to become the Prime Minister of Singapore. As I grew up, I harboured (slightly) more realistic dreams, but being just dreams, they too did not pan out. Subsequently, I found myself being driven more by life events, and gradually slipped into a cruise mode of working hard under various bosses. You can say that since I didn’t really have a concrete plan for my own life, I was content to fall under somebody’s plan. Somebody who had a grand plan for his life — and who was working hard to make it materialize for himself.
If you have similarly fallen way short of what you wanted to become, then perhaps this is your time too for some reflection. For many of us whose lives are being reset or affected by the Covid-19 coronavirus pandemic, a new resolve is needed to steer our lives forward again. In his best-selling book “ATOMIC HABITS: Tiny Changes, Remarkable Results”, author James Clear argues that what we are today is a lagging measure of our past habits built up over the years …..
I am Mike Tan, a professional in Singapore real estate. I focus on both residential and commercial properties, and I am still trying to evolve this WWW.PROPERTY2030.COM website into a hopefully useful resource for property buyers and sellers. Any feedback will therefore be very welcome.
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