My Project.hope Sunday Post Review (Episode 8)

Hello everyone,

Every week, i am to bring you 3 posts from project hope community and this week isn't different.

@project.hope has been a community for user who write about blockchain technology, artificial intelligence, cybersecurity, robotics, solar energy, automatization, virtual reality, economy, psychology and augmented reality.

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Let's kick the ball rolling.

Top Three Project hope Posts.

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No 1 Will the Real Estate Market Crash After the Pandemic? - @ojerinde

Real estate is buying a property not to live in it but to rent it out or sell it make money. Real estate, is a passive source of cash flow investment which has held its credibility for a very long time. Most real-estate owners do not even get themselves involved in the real-estate hassle, rather they just get a property and hand it over to a real estate agent and manager who will handle the day to day operation and the owner just gets their cash. One major reason a lot of people prefer to invest in real estate is because it is an investment that can be felt, seen, touched and controlled by the owner unlike stocks

In the past it is visible that the real estate market always falls after a major recession, like that of the 2008 recession. Economic Analyst are already predicting that there might be a fall in the real estate market after this pandemic which looks really possible.

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No 2 Covid-19: The growing post-peak debt will be a burden for decades - @awah

All of this is very likely to lead to inflation as more money in circulation in an economy reduces its value. A little bit of inflation is probably not a bad thing as it decreases the debt burden over time. For example, imagine with inflation, prices go up and wages must go up to maintain a standard of living, but your mortgage debt has stayed the same. In real terms, therefore, you have less to pay back and your debt burden is reduced. This plays out in a similar way across the economy.

This post discuss the current economic situation of the world due to the effect of the pandemic. A lot of countries have no other option but to borrow money from the world bank, other countries and other foreign financial bodies.

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No 3 Crude Oil Price - Reasons why the price keeps dropping -@frederickbangs

Crude oil is stored in tanks and on tankers, and when there are no demand for oil, the oil producing countries need to store their oil. Currently, about 1.2 Billion Barrel of storage space for oil globally but as at the current time, there are over 80 Million Barrels in floating storage tankers and there are no more space to store oil.

The price of oil has been dropping and a lot of factors are causing the drop in price. This post explains each of the factors from lack of storing, to more supply to demand, to conflict between Russia and Saudi Arabia.
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