Archive for August 11th, 2009

Boom, Bust & Blame

Most people today look beyond the truth to find facts.  When in fact truth is what the real facts are just hidden.

When I walk down the street there is alot of moaning and groaning from shop owners, about how this recession is killing them. when you walk into a shop and hear how their business is dwindling, their family is stressed, and financialy they are doing it tough you tell them that they are not alone.

The truth of the matter is, that young or old, rich or poor, everyone if feeling the effects of this credit crisis. We can sit here and blame the rich bankers or the ‘the higher in authority’ people but at the end of the day, is that going to make you feel better? is it going make you financially better off???

When you go back and study economics 101, it seems that every depression comes around about every 80 years or so. So that tells me, we are well overdue and yes we are very close to this happening again. I sat down with my grandma two nights ago and she remembers being a young girl of about the age of 10 when the stock market collapsed (1929) and the great depression kicked in.

For about and hour or two I sat listening about how her mum and dad classed as middle class parents struggled to survive. Stories of kids walking 5 miles without shoes, and how kids rocked up to school with no food to snack on for lunch. Those must have been some rough and tumble times!!. But I would imagine many families will soon face the same fate.

Most people are on the verge of feeling like they are playing the part of Old Yeller,“ wondering if he will survive
financially or perhaps just be put out of his misery, like the fictional dog.

Now we are in the second half of 2009 expect things to warm up a soon!!! While I am not surprised i really do feel for people that are not aware of it. It really is incredible, some people will get through all of this unscaved and cant say whether or not that will be you or not….but  I can say to you is try to do whatever you can to ensure things will be OK…..and they will be!

I remember sharing this stuff wayyyy back in 2006 and people thought I was a nutter. Fast forward say oh, 3 years and LOOK WHAT HAS PLAYED OUT….those that thought I had a point are in quite a good position today. Good for them! Some I decided to share some of their stories in the VIDEO below.

Enjoy.

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Posted on August 11th, 2009 by admin  |  No Comments »