Many people often associate economic downturn with lack or absence of opportunities. The truth is – economic recessions – or its uglier cousin economic depressions, are just the perfect opportunities that anyone with vision can take advantage of to become not just rich but filthy rich!
For the record, no less than Warren Buffet (one of Americas richest person alive), built his massive fortune buying businesses and properties that most people had given up as lost. Economic Cycles are periods in history of booms and busts.
Economic cycles are the hallmarks of laissez faire system. Economic cycles behave just like the seasons. And just like the seasons, the climate always changes. And just like the seasons you can predict a downturn or an upturn.
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