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Ask HN: What skills will be useful during an upcoming recession/depression?

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191–194 of 194 posts

Re: Ask HN: What skills will be useful during an upcoming recession/depression?

#191

Earlier quoted context omitted.

or learn how to make your own beer

It's only cheaper to make your own if you drink a lot and get it perfect the first time around. Otherwise, you waste a lot of money while you learn, or end up only saving a few pennies a bottle but wasting your time. That's why the people who get into brewing do it because they enjoy it, not for the money! (The last time I made beer I forgot about it and found the barrel a few months later!)

All true although it’s a great hobby for being stuck in the house and likely safer than buying beer currently.

Re: Ask HN: What skills will be useful during an upcoming recession/depression?

#192

My thought is that this virus will have passed through the world, one way or another, in 4-8 months. After that, the world reverts back to what it was doing. My point is that this is no underlying weakness in the global economy. It's more like a slow moving natural disaster. I'll admit I don't feel super confident that this is how things work. Happy to be corrected!

I don't think so. 4 months without any customers is an eternity for restaurants/bar industry or tourism industry. A larger portion of these businesses will go bankrupt or reduce their size. People will lose their jobs and not have any money to buy stuff, which in turn slows down the economy even more.

I also think 4 months is very optimistic, I bet things aren't "normal" for over a year.

Re: Ask HN: What skills will be useful during an upcoming recession/depression?

#193
post #172

Earlier quoted context omitted.

Like this a lot. Anything that has helped you learn how to learn?

I heard that from one of the senior professors 18 years back, and that stuck in my mind. I was doing that even before that but then had the formal phrase "Learn to learn". What has helped? - It was definitely not books about the topic and I had very limited access to internet or videos. I do not know the answer, but I will try to explain my scenario. There are some things you can replicate and some you cannot. Someth…

That was awesome. Thanks for taking the time to write that.
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