{"id":159,"date":"2020-04-16T14:14:48","date_gmt":"2020-04-16T08:44:48","guid":{"rendered":"http:\/\/smmentors.com\/startup-journey\/?p=159"},"modified":"2020-04-16T14:14:50","modified_gmt":"2020-04-16T08:44:50","slug":"can-we-repeat-the-strategy-of-2009-financial-crisis","status":"publish","type":"post","link":"https:\/\/smmentors.com\/startup-journey\/can-we-repeat-the-strategy-of-2009-financial-crisis\/","title":{"rendered":"Can we repeat the strategy of 2009 Financial crisis"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The world is moving fast-paced to face a new crisis of COVID2019. Countries are adopting lockdown, but facing a new risk of an economic downturn. Leaders are in the dilemma of giving priority, whether to people or the economy. Most of the governments took People&#8217;s first approach and many are successful to flatten the curve of the pandemic and its effect.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The world has seen economic depressions earlier as well and the recent one was the 2009 financial crisis.  Most of the countries &amp; businesses bounced back with time and support from Government policies. We can expect similar packages from policymakers which would revive large industries and verticals. It will have a positive after impact on SME as well.   The larger question remains how soon? <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">IMF has mentioned &#8220;The Great Lockdown: Worst Economic Downturn Since the Great Depression&#8221; and we can not ignore these early warnings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here is something which we did during the 2009 financial crisis.<\/p>\n\n\n\n<figure class=\"wp-block-video\"><video height=\"1080\" style=\"aspect-ratio: 1920 \/ 1080;\" width=\"1920\" controls src=\"http:\/\/smmentors.com\/startup-journey\/wp-content\/uploads\/2020\/04\/Strategy-of-Financial-Crisis-2009.mp4\"><\/video><figcaption>Plan adopted for Financial Crisis 2009<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world is moving fast-paced to face a new crisis of COVID2019. Countries are adopting lockdown, but facing a new risk of an economic downturn. Leaders are in the dilemma of giving priority, whether to people or the economy. Most of the governments took People&#8217;s first approach and many are successful to flatten the curve &#8230; <a title=\"Can we repeat the strategy of 2009 Financial crisis\" class=\"read-more\" href=\"https:\/\/smmentors.com\/startup-journey\/can-we-repeat-the-strategy-of-2009-financial-crisis\/\" aria-label=\"Read more about Can we repeat the strategy of 2009 Financial crisis\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,14],"tags":[4,7,23,29,30,31,32,33,20,28,22,18,19],"class_list":["post-159","post","type-post","status-publish","format-standard","hentry","category-change-management","category-sales","tag-businessmodel","tag-changeconsulting","tag-covid19","tag-decisions","tag-globalcrisis","tag-greatdepression","tag-greatdepression2009","tag-imf","tag-salesenablement","tag-salesfunnel","tag-salesstrategy","tag-salesteam","tag-salestraining"],"_links":{"self":[{"href":"https:\/\/smmentors.com\/startup-journey\/wp-json\/wp\/v2\/posts\/159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smmentors.com\/startup-journey\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smmentors.com\/startup-journey\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smmentors.com\/startup-journey\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smmentors.com\/startup-journey\/wp-json\/wp\/v2\/comments?post=159"}],"version-history":[{"count":2,"href":"https:\/\/smmentors.com\/startup-journey\/wp-json\/wp\/v2\/posts\/159\/revisions"}],"predecessor-version":[{"id":162,"href":"https:\/\/smmentors.com\/startup-journey\/wp-json\/wp\/v2\/posts\/159\/revisions\/162"}],"wp:attachment":[{"href":"https:\/\/smmentors.com\/startup-journey\/wp-json\/wp\/v2\/media?parent=159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smmentors.com\/startup-journey\/wp-json\/wp\/v2\/categories?post=159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smmentors.com\/startup-journey\/wp-json\/wp\/v2\/tags?post=159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}