Asap please

1/ Explain how general economic conditions or recent developments such as the decline in China's growth rate of an increase in credit card interest rates or loan (auto, home improvement mortgage etc - which the FED contues to do in 2022) or the Covid 19 Pandemic or inflation, even a political /military event such as the one unfolding between Russia and Ukraine, can have an adverse impact on personal finances. Offor a specific example and the consequences of that example on the personal finances of a family. It is understood that not all developments affect everyone in the same manner - for example an increase in the price of crude oil might raise gasoline prices hurting some consumers while all exploration companies and their suppliers and employees will benefit) He spoofle how a bad cognomy or economic or political of public health development can affect someone and their personal financial planning.'You must make the connection between the economic condition or occurence you mention and its direct effect on the individual ALSO Offer strategies how to deal with an adverse situation (what are specific steps one can take to avoid a financial meltdown despite the adverse economy or development)