For 2008
05 Dec 2008
Preparing For The Downturn
In a climate of anxiety about the future, when whole countries are going bankrupt, it is prudent to reduce non-essential spending to a minimum. In naval terms, ‘batten down the hatches’. But random cuts based on what is easiest to eliminate are not a good idea. While a target reduction in costs is essential the specific items to be cut need to be very carefully considered. How do you decide where to slash? More »
Topics: decision making, economics, money
05 Nov 2008
Crisis Or Opportunity?
American citizens are justly angry at their taxes being used to bail out the reckless and fraudulent money-go-round of the financial system. The badly squeezed middle-class all over the world are already carrying the bulk of the costs since they pay most taxes, support young and old and work nineteen hours a day to produce the incomes on which society depends. In our attempted correction of the damage that has been done we should be supporting not punishing them. More »
Topics: capitalism, economics, financial, money
06 Oct 2008
Who’s Looking After Your Money
Not as important as your health or your soul, looking after your money is still high on the list of things you want to get right. That is why bankers, finance and fund managers are paid more than most people - more, certainly, than doctors and priests. More »
Topics: business practices, financial, money
29 Sep 2008
One Greeting Doesn’t Fit All
Don’t you dread it when the voice at the other end of the phone says “Hello, So-and-so, How are you today?” The egregious sales pitch that follows is enough to bring up your breakfast. Peter Ustinov had a point. When a Manhattan hotel receptionist said “Have a good day” he politely replied “Thank you, but I have other arrangements!” More »
Topics: communication, emotional intelligence, sales
22 Sep 2008
Inflation – The Economy’s Vulture
Half the people alive today have never experienced serious inflation. They will shortly. At the end of it, many will have starved to death. Those remaining will live in a very different world from that of the past fifty years. Cheap food, easy personal mobility, considerable leisure time, increasingly high medical standards. All these are going to be severely dented by ‘the enemy within’ – inflation. More »
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