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Eight Recommendations for China's Economic Downturn:
1⃣️ Avoid conflicts with others
2⃣️ Do not borrow or leverage
3⃣️ Avoid starting businesses with heavy assets
4⃣️ Don't assume the economy will reverse immediately
5⃣️ Don't rely on a single fixed income source
6⃣️ Don't overestimate the protection of academic credentials
7⃣️ Avoid entering overly competitive industries
8⃣️ Pay attention to mental health
Plus one exclusive tip for the crypto circle:
Break out of the internal cycle, enter the external cycle, work remotely, earn money from inflationary countries, and enjoy the prices in deflationary countries
The main idea is my own, verified with GPT and compared to the economic downturns in Japan and the US
#bnb