Friday, 15 October 2010

The situation is much better than you think (Part 1 of 3)


Please turn off the radio and TV for a while and let me give you some realistic opinions. Despite all the gloom and doom, there are solid reasons for being optimistic in our times. If we keep our head cool and assess facts objectively, this is what we find:

1.- ECONOMIC RESTRUCTURING IS CREATING WEALTH. As a result of the current crisis, some companies are going bankrupt. In most cases, this means that assets are being taken over by a different management, people with new vision and ambitions. Those companies will stop producing what few want to buy and, instead, focus their efforts on better opportunities. Restructuring can lead to creating new wealth.

2.- MOVING HAS BECOME CHEAPER. It used to be costly to move in order to take a new job, but things are changing. The cost of housing has been reduced in many areas of the world. If you want to move in order to pursue new opportunities, there has never been a better time. Even if you decide to change cities only for a while, you can now rent furnished apartments cheaply in many areas. The cost of moving can hardly prevent anyone from pursuing his dream.

3.- VIOLENCE IS DECREASING. Despite grim news in the media, violence is decreasing around the world. There are still many unresolved problems and dangerous places, but overall, the situation is improving. The reason for this is purely practical: violence is bad for business. Production and commerce get people together. Selling things to each other goes a long a way towards preventing conflict.

To be continued in Part 2

[Text: http://johnvespasian.blogspot.com]

[Image by NCinDC under Creative Commons Attribution License. See the license terms under http://creativecommons.org/licenses/by/3.0/us]

The situation is much better than you think
(Part 1 of 3)


Please turn off the radio and TV for a while and let me give you some realistic opinions. Despite all the gloom and doom, there are solid reasons for being optimistic in our times. If we keep our head cool and assess facts objectively, this is what we find:

1.- ECONOMIC RESTRUCTURING IS CREATING WEALTH. As a result of the current crisis, some companies are going bankrupt. In most cases, this means that assets are being taken over by a different management, people with new vision and ambitions. Those companies will stop producing what few want to buy and, instead, focus their efforts on better opportunities. Restructuring can lead to creating new wealth.

2.- MOVING HAS BECOME CHEAPER. It used to be costly to move in order to take a new job, but things are changing. The cost of housing has been reduced in many areas of the world. If you want to move in order to pursue new opportunities, there has never been a better time. Even if you decide to change cities only for a while, you can now rent furnished apartments cheaply in many areas. The cost of moving can hardly prevent anyone from pursuing his dream.

3.- VIOLENCE IS DECREASING. Despite grim news in the media, violence is decreasing around the world. There are still many unresolved problems and dangerous places, but overall, the situation is improving. The reason for this is purely practical: violence is bad for business. Production and commerce get people together. Selling things to each other goes a long a way towards preventing conflict.

To be continued in Part 2

[Text: http://johnvespasian.blogspot.com]

[Image by NCinDC under Creative Commons Attribution License. See the license terms under http://creativecommons.org/licenses/by/3.0/us]