The Old Hand: the green brick road

The looming world financial crisis that sits over all our heads at this moment is not a direct action that is anything you have caused. Indirectly maybe, due to your responsibility. But not directly, even if it will affect our families and us for a long time. Not that I want to be the grim reaper or the bringer of bad news, but this is going to be a long haul, and the sooner we all realize that, the sooner we can accept it and put into place our survival plans and apply ourselves within it.

The UK would have us all believe that the current crisis is exclusive to them, but it is not. We are facing a world crisis on a scale we have never seen before, and I’m afraid it will get a lot worse before it gets better. So, get with the program, accept what is occurring, and make those all-important changes to your lives and businesses that will make this journey much easier for you to survive and endure. To understand better what is occurring, attempt to lift yourself out of your personal involvement within and view it as though you are looking down on it; without the interference of your own fears combined with your emotional attachment to it, you will see the situation much clearer and so you will be able to make more rational decisions regarding your own future.

It’s always very hard in a global financial crisis to make any type of financial investment; with rising inflation and the cost of debt spiraling out of control, making borrowing almost impossible, it’s extremely hard to know what to invest into. In fact, your feeling will be not to invest at all but just to sustain yourself indefinitely and pray for better times, that is, if you have the resources to do that, which most do not as their existing businesses and, indeed, their lives are already indebted to the maximum, if not in the immediate, as the crisis develops, we will naturally get into more debt just for survival.

In my experience, business never stands. Still, it either grows or falls, with no middle ground. We have built our society this way. We are a consumer-driven society, and it is imperative, year in and year out, that manufacturers can keep replacing their manufactured consumer products. Personally, I believe this is impossible to sustain, and, in my opinion, our obsession with this throwaway lifestyle that we have created is a part of the problem we now find ourselves in.