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depression 2009: How to change your business and thrive in the upcoming depression : Part II - 03/02/09 11:45 AM
My first post on this subject outlined the main challenges we'll be facing in the next 5 to 10 years. Now I'm going to start focusing on each of these challenges one at a time. I enjoy reading the responses by my readers, and one exchange in particular spurred me to write this follow-up.
Homes of the future may begin resembling homes of the past. In other words, if you've ever traveled through older neighborhoods, look at the home sizes as you progress through the decades. 1930's-40's you see cottage style floor-plans, 2 bedrooms, 1 bath, kitchen, living area and basement … (9 comments)
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depression 2009: How to change your business and thrive in the upcoming depression - 02/28/09 09:36 PM
I am constantly reading and researching for myself and the clients I serve, and I've come to some rather grim conclusions, sprinkled with some hopeful solutions. Currently we are witnessing the greatest financial meltdown in world history. It's not just a maybe anymore, it's a guaranteed certainy. Those whom have stood like a deer in the headlights need to start moving towards where the money is going to be.
First let's establish some salient facts before we all drive off the edge of the cliff.
The US dollar is going to collapse in the near future. The Dollar has … (11 comments)
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depression 2009: If you love end of the world movies...then I'm sure you'll like this story... - 02/27/09 10:36 AM
End of the world predictions have been around for years. From War of the Words, to global environmental collapse, you've probably watched one recently. I've always loved these movies, even though the premise is often ridiculous and unrealistic. Now that the economy is crashing, millennial and end of the world stories are picking up in frequency. Do any of these stories hold a shred of validity? If the end of the world (as we know it) is at hand, then should we be getting ready? Is it too late? Is 6 months food storage, and 10% of your asset's in Gold … (1 comments)
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depression 2009: All News is not negative....Recovery by 2009? - 07/14/08 06:53 PM
Despite reading headlines screaming that Oil may go to $300 a barrel, the reality is that we may see $90.00 a barrel by the first quarter of next year.. Airlines Cut oil.
It does not sound like your airfares will be dropping much, because the Airlines are also grounding a number of flights over the next two years. But if gas goes back down to $90.00 a barrel, then say hello to $3.00 bucks or less a gallon by spring of 2009. This will be a major relief to many, and perhaps the bank situation will have stabilized by that point … (14 comments)
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depression 2009: The next great depression....are we on the edge of the abyss? - 07/11/08 02:14 PM
There has been allot of talk recently about recession, the end of the mortgage industry as we know it, and let's be honest, key word searches on economic depressions are at an all time high. The big question is what's really going on with our economy, and are we collectively up the creek without a paddle.
I've recently received an excellent email from someone who works at a major bank, and they privately expressed their worries about the current crisis, and she complimented one of my previous articles in regards to this matter. The big question that everyone collectively is attempting … (15 comments)
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