Being Positive is Good. Ignoring Reality is Not

Have a great Thanksgiving?  We did.

Now everyone has gone home and it’s “HiHo, HiHo, It’s Back to Work We Go” (from Snow White).

However, it will be easy to fall into the trap that Christmas is coming soon, so why bother job hunting, developing relationships, or finding new clients?

Two reasons. First, despite some news reports and the stock market rise, the global scenario continues to worsen. One of my investment advisors sent me this link: http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html. PLEASE take a look. It shows more than I can express in words.

Think the stock market rise is good news? Have you checked the price of gold over the past three years? Rising gold prices indicates inflation or the expectation of inflation. I personally ignore government inflation reports. They, just as unemployment numbers, are “spun” and “redefined” to meet political goals. Don’t believe gold? Try taking a look at the value of the US dollar versus the Euro over the past three years. What do you find?

It does not matter if the stock market goes up 20% if the value of the US Dollar does down by 40%. It is a wealth illusion. You think you are getting wealthier when you are really losing true wealth. What counts is what can you buy for the US dollar. The answer is less and less.

So, rising unemployment and decreasing dollar values (no matter how you measure it) is a red flag.

Think of an approaching hurricane. If a red flag is flying on the beach, would you get your house ready for the storm? The storm is already here. The only question is whether the peak of the storm will be a category 1 or a category 5 level impact.

I urge you to take serious review of what is going on around us. Perhaps a drastic action, like turning off a football game, is necessary.

Use the facts that you discover as motivation to focus 150% of your time becoming more competitive (a stronger house). Decide what you will do and do it. This is not like buying exercise equipment that latter becomes a clothes hanger. Every effort and dollar spent will pay off in dividends in surviving the storm and being even more prosperous once the storm passes.

What do you see as the economic and employment picture over the next 12 months? 24 months? 36 months?