You are viewing a single comment's thread:
RE: The Dutch Curse and VENEZUELA's Oil
Hey there! The TradFi community is more supposed to be traditional finance (stocks, bonds, and businesses).
So for something like this, you would want to talk more about how particular businesses were impacted and what happened to these businesses.
Like what is the risk of being an oil explorer in Venezuela? What happened to the publicly traded companies that did business there?
That being said, typically I think https://peakd.com/c/hive-180505/created would be a better community fit for this style content.
I will work on the rules more. This community has ramped up quick so I am a bit behind on everything I want to accomplish but it has been a blast so far either way 😊
0.00000000 BEE
I thought that understanding economy is important for business, and both were connected. Knowing about the Dutch Curse and what happened to venezuela's oil helps to understand about the importance of diversification.
"From this situation, you can take two insights into your life. The first is that no matter how good and perfect everything seems, there's always a chance that something unexpected will happen. After all, there's no way to know when something unexpected will happen, which is why it's unexpected. And the second is that one way to prepare is by diversifying your sources of income and investments!"
But I understood less economy and more focus on business. I'll check the Finance and Economy later, thanks for the recommendation!
Yea it is still a really good post. I was just thinking of some things that could be added to make it more TradFi.
View more