Having luxury life with luxury cars and Mansions are very expensive. There are lots of business holders that earn millions of Dollar and love to experience a luxury life, A luxury castle or Penthouse.
Driving a VIP Luxury yacht or having a golf yard for yourself is also exciting, but all of them needs millions of Dollar per month. They all need services, employee and the services that sometime the prices made you to rent them or dream it.
Global economic recession by 2022 and Financial chaos through global economies made by Russia, made a stressful condition that wealthiest people prefer to change their lifestyle until stability of economies market.
Money and banking systems are experiencing challenges with crypto currencies and Russia China economic ally for introducing a new currency is another challenge for the investors to how to save their monies.
Everything is under economic recession pressure and the people need new solutions for saving money in mid term and long term.
But How economic recession will impacts luxury life styles?
This is a very good question that need a wealthy money mind to understand it. It's important to understand mansions, penthouses and luxury estates are always in demand, They are one of the profitable niche of investors and they have a hot market every where.
This is the way wealthiest people save their money from governments, and the wars, because luxury estates are the last thing that threaten in the wars and global economic recessions. They are always on touch and under cover of insurance so, if any military invasion happen in the future, the insurance corporations will pay for it.
Luxury yachts are free and they can change their flag and nationality with less than few weeks. There are lots of private beaches, estates and castles all around the world that can help you hide your million dollar yacht for decades and when everything get calm, you can take it out again and enjoy from luxury life.
Luxury brands and watches, Arts made by Gold are always expensive and costs more than usual. the thing that made them wanted every where and they can use a a currency for trade and financial communication between people, because there is no limitation, no tax and everything can be trade very fast.
This is the way that helped, Wealthiest people escape from Taxes, Economic recessions, problems and everything.
