COMMUNITY

CONNECT WITH PEERS - SHARE IDEAS - COLLABORATE

STAY CONNECTED

HOME

 COMMUNITY LOGIN

 BLOGS

 FORUMS


Oh My Gosh, Are You Serious!?! Really!?!

We are in the deepest depression since the stock market crash of ‘29 and no one saw it coming! Oh My Gosh, Are You Serious!?! Really!?! Just over six months ago the Dow Jones Industrial Average was at 11,000; that’s 40% higher than the DOW reported today, and no one saw it coming! Oh My Gosh, Are You Serious!?! Really!?!

Wall Street this is what you do, financial forecasting, what were you thinking? You real estate tycoons, living in your market, didn’t you see what was really building up?  And you bankers who count every penny, did you not see the coming trillion dollar crash? Political leaders in Washington, is there not an economist among you? Did the CEO community have an inkling? No, no one gave a warning, not even the press who loves to tote the news to their liking. Where was the midnight rider? Where was Paul Revere warning Wall Street, one if by growth, two if by crash? The Depression is coming! The Depression is coming!

No, no one, I say no one sounded the alarm. Oh My Gosh, Are You Serious!?! Really!?!

Now that we are in this Depression, when are we getting out? One legendary Wall Street leader is saying, "I am skeptical about the rally and the world economy for the next year or two or three.” Oh My Gosh, Are You Serious!?! Really!?! You didn’t get it right going in, so why should we believe you’ll get it right coming out!

Forget it Federal Government, forget it Federal Reserve, forget it Barnum & Bailey Bank and Fall Street, Guessxsutawney Rich sees his shadow. We are going to come out of this, just as quickly as we fell into it. Hasn’t any one noticed that economic cycles are occurring exponentially quicker? While everyone is still trying to figure out who is to blame, this Depression is pulling back up into the storm clouds as quickly as it touched down. Listen; there are 6,774,801,222 people on this planet including you. They all need food, clothing and shelter. They work and for the most part have some money to spend. Yes, some business verticals will linger in their internal inefficiencies, but the Global economy is beginning to catapult into the next growth cycle.

Be prepared this time around. The butterfly has fluttered. The emanating winds are now reaching shore. Investors, you better be invested. Human Capital Managers, you better be communicating with your employees, if not, they will jump ship at the first sight of land and you will get caught with your sales down, literally. Stay current with your workforce intelligence. If you are not talking to your employees, do it now, fix it. It provides necessary insight into what your employees are going to do and how they will respond to the approaching next round of sustained economic growth. To develop and maintain that competitive edge, keep your people!

Oh My Gosh, Are You Serious!?! Really!?! 

Yes, I am Serious, Really!



Bookmark and Share