Posts Tagged ‘depression’

The Fuse Has Been Lit…and there is no way to put it out!!

I have had mass amounts of emails this week and had some serious talks with our FFT members about what is happening in the economy at the moment. It has been nearly a whole year since the last market crash of 2008, and people are going to talk about that horrific event for many years to come I am sure.

This October will be a bit different. Like a big night on the town and a bad hangover, you could call the last 12 months a bad hangover for big banks, retirees, and those still unemployed and looking for work. And you feel every time the government talk they are the new 21st century ROBBIN’ HOOD… Robbin’ as in stealing for the poor and giving to the already rich.

YES…YES… DON’T GET ME STARTED!

They lit the fuse but they are also are sitting on the bomb that they call FAST SEEDED RECOVERY.

When the fuse runs out, and we hear the big BANG, the explosion will be immense they will be obliterated and the shock wave will travel long and far, to all demographics and many households that are unsuspecting….

Our latest video is below and explains more about what is happening at the moment.

Feel free to pass this important message on to your friends.

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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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Here are some tips for surviving unemployment. We have been keeping track of the most helpful resources for those suffering significant financial losses or those that have been retrenched from their job.

Unemployment can be unbearable. The strain this can put a family and also ones mental and physical health can be severe.

At some point in their life, everyone has to deal with losing a job. The below sites are essential resources for those who need help with dealing with unemployment, getting expert advice, as well as preparing for the search for the next employer.

51 tips for for surviving unemployment :-

Must Read Articles and Guides

Stop here first for information on how to do everything from making a graceful exit to collecting unemployment, to utilizing new found free time. These articles are a must read for the basics of joblessness.

1. When the Paycheck Stops : This free PDF download is available from the AFL-CIO. Also available in Spanish, individual sections include where to go for help, dealing with creditors, and how to stay insured and healthy.

2. How to Survive Without a Job : This guide from eHow contains the basics of what to do when laid off. Get tips for everything from saving, spending, and how to maximize your time.

3. How to Survive Without a Job : From Inc. magazine, this article focuses on entrepreneurs who want to strike out on their own. In addition to starting up your own business, it also has tips for managing time and money without a steady income.

4. Why Work? : Want to live an alternative lifestyle without the hassle of the nine to five grind? Then visit this site for livable alternatives to wages. The goal of this site is to encourage people to value leisure, re-think the Puritan work ethic, and critically examine industrial capitalism.

5. Laid-Off 101 : This article is for those who have been handed a pink slip. It is full of advice for the unemployed from COBRA to stock options.

6. Longer Unemployment for Those 45 and Older : This article is a must read for anyone in this age range who has been laid off. Michael Luo, of “The New York Times,” examines why this segment of the population is being targeted, and what they can do to survive.

7. Get Better Severance : From CNNMoney, this article is ideal for those getting laid off who are entitled to severance. Get advice on how to negotiate the best deal in this article.

9. How to Deal With Being Laid Off : The Career Coach takes you through getting fired to finding a new job in this article. You can also get tips for job fairs, as well as recruiter’s pet peeves.

10. I Just Got Laid-Off Survival Kit : The Dough Roller helps you go from unemployment to a 100k+ job. Get information on how to survive after a lay-off, as well as links to sites offering six figure job opportunities.

11. 6 Immediate Strategies for Managing a Sudden Job Lay Off : This article is a must read for when your employer hands you a pink slip. Get six steps for dealing with this problem that you can do in a single day.

12. Not Ready to Retire? : If you have been laid off and are thinking about retirement, this is the article for you. Learn the benefits of self employment and why retiring isn’t all it’s cracked up to be.

13. How I Got Fired : From Damsels in Success comes this story about how Alanna got fired, what she did wrong, and what she learned as a result. There are also many other work related articles for women on this site.

14. Now What do I Do? : This lengthy article is a detailed guide for the laid off. From the first day to the job search, it gives a realistic look at this common problem.

15. So You’ve Just Been Laid Off : Although intended for IT professionals, this article is full of tips others will find useful. From not panicking to changing your mindset, it is sure to be helpful.

16. Got Laid Off? : From the Digerati comes this article for those who have lost their jobs. It contains ten tips on everything from severance to applying for a new job.

17. Facts About Unemployment Insurance Guide : From the Iowa Workforce Development, get this guide to unemployment insurance as a PDF download. It is also available in Spanish.

18. A Guide to Self Employment : Are you recently laid off and want to go into business for yourself? Then read this article by BusinessWeek to learn how, as well as get a slide show.

19. IOUSA : If you are currently in debt or considering going into debt, be sure to check out this 30 minute video to learn more. It boldly examines the rapidly growing national debt and its consequences for the United States and its citizens.

20. Making the Best of a Layoff : This article is written by Teena Rose, who is a columnist, public speaker, and resume wizard. Get tips on exiting gracefully, as well links to articles on how to survive a lay off and signs it’s time change employers.

21. The Laid Off Can do Well Doing Good : From the “Wall Street Journal” comes this article on the benefits of volunteer work. You can also follow the stories of eight unemployed M.B.A.s as they search for jobs.

22. Would Zero Unemployment be a Good Thing? : This economist answers that question, along with types of unemployment. Learn why some unemployment can be a good thing with this article.

Useful Sites

Now that you know all about unemployment, visit these sites to take action. Get statistics, news, advice, tips, and much more on surviving without a job.

23. US Department of Labor : This government site is a must visit for those seeking information on unemployment insurance. Get information on state and disaster insurance, extended benefits, and much more.

24. US Bureau of Labor Statistics : Be sure to visit here for the latest in national, local, and international unemployment rates. There are also useful links and an array of surveys.

25. The Unemployment Handbook : This site is a must visit for the unemployed. Get articles and tips, as well as a list of state unemployment offices and more.

26. Career Videos : Visit the career section of the “Wall Street Journal” for a ton of work related videos. Topics include everything from help for those out of work to how to stand out in the job market.

27. Unemployed Workers : This is the site for the laid off and left out. Along with a forum for workers, you can get information on jobless benefits, resources, as well as helpful statistics.

28. Green Panda Treehouse : Green Panda is a personal finance blog with tons of tips for saving money useful for those with little or no income. The unemployed will find loads of ways to save money, including what not to scrimp on.

29. No Job Survivor : On this site, you can share your survivor skills, build a community, record your journey, and enjoy the resources. There are sections for news, outrage, help, discussion, and even photos and videos.

30. Being Frugal : Anyone looking to save money should visit this site for expert tips. Get advice on deals, freebies, reviews, and even join a forum on this site.

31. Who Moved My Cheese : This best selling book centers on how to deal with change in your life. Get more information on the book or order the award winning movie on this site.

32. Simply Fired : Visit here to read the stories of the recently laid off. It is full of rants, raves, anecdotes, and you can even submit your own story.

33. Ask the Headhunter : Get a perspective on the job market from a headhunter’s point of view. Be sure to check out the “Fired is a State of Mind” section, as well as the featured Q & A section.

34. Penelope Trunk’s Brazen Careerist : Penelope was fired from her finance job in 2007. Hear how she went from being unemployed to starting Brazen Careerist and having her advice appear in over 200 publications.

35. The Unemployed Blog : Damien is an MA graduate who catalogs his adventures in unemployment. Get the inside story from someone who has been there on this blog.

36. Work Exposed : The goal of this blog is to help educate readers to the ever changing world of work. Be sure to get unemployment rates, as well as twitter tips for hiring and firing on this blog.

37. Job Hunter’s Bible : Anyone who has read or heard of the best seller, “What Color is Your Parachute?” should visit this site as a supplement. Get information on counseling, research, and more for the jobless on this site.

38. Where the Hell Did My Job Go? : This blogger’s tagline is “taking redundancy personally.” Read their adventures in unemployment, along with recommendations on career sites to stay away from.

39. Laid Off in America : Although started and ended in 2003, this blog still contains relevant information for the laid off. It is a comprehensive look at various unemployment articles with the blogger’s commentary on each.

40. Laid-Off: A No Nothing Production : This series of virtual comics by Odd Todd will have you laughing. Perfect for those who are unemployed and in need of a laugh.

41. Guide to Employment & Labor Law : Feel as if you were unjustly fired? Then visit this site for a comprehensive list of labor laws from agricultural to workplace fairness.

42. The Unemployment Cafe : Star is unemployed and needs to do something between non-interviews and sporadic freelance jobs. So she started this blog containing the humorous and insightful ramblings, many dealing with current events related to joblessness.

43. Unemployment Blog : Thoughts.com is a community of bloggers who post on a variety of topics. Visit here for a comprehensive list on posts related to unemployment.

44. Unemploymentality : This site is a must visit for the unemployed, especially those living in California. Get videos, links to resources, and much more on this regularly updated blog.

45. Nicejob Media : Nicejob was a producer at NPR until his show was cancelled due to budget cuts. Get unemployment information and more from this insightful and humorous blogger.

46. Crunch Victims : This site keeps track of the UK and globally based companies that are announcing job cuts in order to survive the recession. Get the latest in job loss news by visiting this site.

48. Fired for Now : FFN started this blog the day they lost their job in advertising. This blog is about the messy, complicated experience of suddenly finding yourself rejected by the working world.

49. Faces of the Recession : Andy is a photographer who interviews people regarding the current financial crisis. Visit his site to read stories, or to be featured in his next interview.

50. How I Got Laid Off : This site aims to chronicle the stories of people who have recently been let go, including the often despicable methods in which they were dispatched. Get stories from Microsoft, AIG, and even add your own.

51. Funemployed in NYC : Written by various contributors, this blog centers on what it is like to be unemployed in the city. Get useful articles, tips for the jobless, and interesting offers from this blog.

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The next great depression?  Is the next great depression coming? How bad will the next great depression be?

These are the questions people are now asking me quite regularly now. It is very interesting as these same people use to come into my office, endorphin levels sky-high, starry eyed, and bragging about how much money they are making on their latest property sale, and how much money their fund managers or pension fund was making.

Those bright bubbly people all starry eyed have now become, confused, vage, tired looking and left scratching their head. Wondering if after the market crash of 2008, there is a possibility of a next great depression coming.

ANYWAY…

We have come along way since the days of DOW 14,000 and selling ones house and making a tremendous profit. But the “D” word is on the lips of the smarter analysts out there and they are right. Its like the Governments at the moment are somehow strongly allergic to the “R” word (recession). But you have to remember these are the same guys that sent us down the toilet in the first place.

That leads me on to the next question that a lot of my friends and family ask when we sit around the table. Is next great depression coming going to be GOOD or BAD? It’s a very complex question, but a very important one!

Without sounding too much like confuscious I admit I am a strong believer in reality. And in cause-ality. Which basically means the action of one thing causes an equal and opposite reaction somewhere else. You drop a tennis ball from a 10 story building, and gravity causes it to fall and it will bounce. Basic commonsense right?

So in this case you inflate the economy intentionally more than it was suppose to inflate you create a dangerous situation. THE EFFECT : The market has crashed and the economy is now following suit. Which is what happened back in 1929 and we are seeing a very similar situation play out again. Yes, Yes! I know people are saying history is repeating and its bad. But let me become ‘Sargent Optimism’ for just a moment.

You are going to see some big changes soon both socially and economically speaking. Bigger than anything we have ever seen. Much bigger than the early 1900′s. The writing is on the wall for any person to see. The ones who have their eyes open anyway.

The thing is… the Next Great Depression is not only going to affect the day to day lives of many but is going ‘shake up and wake up’ alot of people. The good thing is that a wake up is needed. To see how greedy the governments and these rich bankers on wall st have become.

This year, we will see people who might be classified as more aware, or more “advanced”, withdrawing from the temporal world.  To others karma is coming, it maybe too painful to watch people suffer the consequences of their actions and their isolation but this is what I am talking about. CAUSE AND EFFECT. You reap what you sow and you sow what you reap.

People were happy with the Govt when they had jobs. But what happens when more people start to lose their jobs, anger will set in. Then without jobs these same people could lose their pensions as well. Anger and hatred of governments will rise to a new level!!! If this happens its only going to speed up the process of people finally waking up, and start asking questions about how all this started in the first place.

YES PEOPLE WILL FINALLY WANT THE TRUTH!!!

People will want the truth this time and not dainty BS excuses. According to our studies there is the first onsets of this in mid 2009, but we have not seen anything yet. The next great depression is going to be an eye opener for many, as we enter a new age of Aquarius. An event marked by many as an important revolutionary change. We see this revolutionary change as a strong waking up amongst men and women across the globe. Man and women seeking change, and looking to the future instead of what has happened in the past.

The Next Great Depression looks likely to be just the event needed to speed up this process. Time will tell.

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There is a lot of talk about the GM motors bankruptcy over the last several days. I must say its quite entertaining reading others thoughts, but when you chisel away at the excuses and all the B.S. by ignorant analysts you have to realize one important thing….

Even if you bailout a company in trouble they will eventually go bankrupt anyway.

YES! Eventually somewhere down the pipeline anyway!.

After nearly 100 years in service and over $88 billion dollars in losses, they are paying the price for getting caught up in this whole credit crisis mess. As the truth slowly leaks out to the public, anger is building and bullying the govt to stop bailing out companies that are already dead! But only 1% of people have woken up to what is going on.

I bet the bookies taking bets over this one are left scratching their head, while the bailout teams in the government are visiting their therapists explaining their lack of work lately! LOL. But the government still have their ‘little black book of tricks’ out and using every tactic, and this will continue for some time yet.

But…What happens when they get to the end of that book?. THINGS WONT BE PRETTY!

You remember back to Obama’s legendary speech of “YES WE CAN!” well someone just gave Obama the backwards ‘peace sign’ and said, “NO YOU CAN’T!“  [**insert Obama smurk here**]

Also regarding the dollar, we saw Treasury Secretary Timothy Geithner try to lie to China by reassuring the Chinese that the US Dollar was sound. Unfortunately for Tiny Tim, the students he was lecturing at the time fell off their seats in fits of laughter. But just look what has happend to the dollar in the last few weeks. Gravity surely is kicking in!

Looks like you can fool some people some of the time, but not all of the people all of the time.

You have to remember that the Chinese are not stupid, and know this cat and mouse game.

They understand and know from experience, that running the printing presses with unlimited Dollars is devaluing it to nothing so quietly and for longer than you might think, they have been buying the ancient safe global currency of Gold.

While the govt keeps saying you don’t need gold because they have eveything under control, (yes we have heard this sob story before) behind the scenes they are breaking down and they are getting desperate. So my friends, expect something which is meant to shock go down this Summer.

This and much more is covered in the video below, Enjoy…..