Our economy has had its ups and downs in recent months and years. The experts say that we can’t technically have a double-dip recession because of the time that has passed since the official end of the first recession, but in my opinion, we’re not going to enter a double-dip recession because we never got [...]
Posts Tagged ‘economy’
What the Boogeyman and the Economy Have in Common
Posted in In the News, tagged boogeyman, budget, cost of living, debt, Double-dip Recession, economy, recession, stock market on November 18, 2011 | 1 Comment »
Has Emotion Joined the Greece Conspiracy
Posted in Uncategorized, tagged economy, Europe, financial crisis, Greece, referendum on November 4, 2011 | Leave a Comment »
Did you read my last post on the emotional fluctuations of the stock market as a result of the financial crisis surrounding Greece? Well, the fickle and emotionally volatile market has struck again. On Thursday morning EST, the Greek Prime Minister announced that he was shelving his controversial referendum plan. Surely his initial inclination to [...]
How Greece and the Stock Market are Conspiring Against You
Posted in In the News, tagged business, CEO, CNN, economics, economy, Euro, Europe, Greece, Italy, Spain, stock market on November 2, 2011 | 1 Comment »
If you’re a news person or you follow finance then you’re no doubt already aware of the situation in Greece. That country is a mess. It’s debt is astronomical; it has no capacity to repay; the political situation is volatile at best; there are mass protests, and nobody has any idea what to do. That’s [...]
I Told the Radio What I Told the Papers: Cut the Burn Rate in Washington
Posted in In the News, tagged Atlanta Business Chronicle, budget, economy, party politics, recession, trade deficit, Washington DC, WSB Radio on August 15, 2011 | Leave a Comment »
I was recently on WSB radio, and I explained there the same thing I explained in my recent Atlanta Business Chronicle article. We have to cut the rate of spending – the rate at which we’re burning money – in the government. 10 or 15% across the board – that’s every single department – is [...]
Avoid America’s Bankruptcy by Bringing a Turnaround Guy to Washington and Treating the Country Like a Business
Posted in In the News, tagged America, balance budget, bankruptcy, board of directors, D.C., economy, education, entitlements, ER doctor, Greece, health care, Iceland, military, national debt, negative cash flow, pensions, politics, private sector, public sector, raise taxes, turnaround, United States, Washington on August 8, 2011 | 2 Comments »
This article was published in its original form in the Atlanta Business Chronicle here. The United States is a capitalistic society, so I often wonder why the government isn’t run like a business. We had a surplus 12 years ago, but now our debt is astronomical: nearly 14 and a half trillion dollars. This isn’t [...]
Corporate Liquidations Suggest a Double-Dip Recession Might Still Hit
Posted in The Alligators, tagged bank failure, consumer confidence, Double-dip Recession, economy, FDIC, lending, Liquidations, Liquidity, spending, turnaround consulting, Turnaround Management on November 30, 2010 | Leave a Comment »
Every pundit and his brother has a prediction about whether or not we’re in for a double-dip recession. If we’re to believe the government’s indicators and message, our economy is improving. But it’s not hard to manipulate statistics and present them in the best light. After all, part of a recovering economy is consumer confidence [...]
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