Crisis? What Crisis?

In every major financial market crisis of the last 50 years has brought to the music industry at the show. The Supertramp Album "Crisis, appeared in 1975? What Crisis?" In the midst of the oil crisis it was realized that every crisis can also be positively lived. Back then, there were the "finiteness of resources and growth", as it is today, the "vulnerability of human life and the environment".

And, as in all financial crises in the last 50 years, was the crisis – the recession – is also the Start of a decade of economic success. Currently, many observers complain that the Wall Street of the Main Street. Stock prices rise and rise, while the economy shrinks (recession), unemployment rises and businesses collapse in profits. It may seem at first sight incomprehensible, but the stock market is not the present but the future. And why this should be different than in the oil crisis of the 70s, of the Tech crisis of the early 2000s or the financial crisis of 2008? Each Time a company could go out of it strengthened, and their profits at record highs continue to expand. And each Time, there was also a matching Song:

I need a Dollar

... sang Aloe Blacc the end of the financial crisis in 2008-2009. He made a lot of the Americans attention, who had lost by the sub-Prime crisis, your house and your work. And when the States and Central banks of the terms had, then you have to react quickly, if you want to prevent that from an economic recession to a global Depression. True to the Motto "Higher, faster, further" to beat, therefore, the institutions with "money programs" to support the economy and stabilize the financial markets.

after it was last week 500 billion euros, which have made Merkel and Macron in view, put EU Commission President Ursula von der Leyen this week to 750 billion euros. I emphasized at this point that we have not seen the last measures. The Playlist of the States and Central banks is still long and will switch to the initial minor chords in the summer on major triads. It is at the end of the second quarter, with the expected negative messages from the corporate world to expect, once again, with a damper on the stock markets, but this is only the Overture, for the way to new highs in 2021. A detailed Interview I gave this week to the stock radio, you can listen to it.Speaking of listening to. How about this Album:

Get rich or die tryin

loosely translated: Get rich or die in the process. With this debut album, the career of 50 Cent launched. Who says so, is basically called to appear in a financial market comment. The Album came after the telecommunications and technology crisis in the market in 2003, as it was thought that the Internet is revolutionary in all markets. Today, we know that the big technology companies are in fact the winner, before that, she went through a severe crisis.

Remind you of anything? Properly, times of crisis are the best times to invest in the stock markets. Suitable to Country legend Dolly Parton came this week with a new crisis song on the market: "When life is good again".

your Volker Schilling

This article was written by Volker Schilling

*The contribution "The financial crises and their Pop Hits" is released from the DOUGH. Contact with the executives here.