The stock market plunged 390 points yesterday. Are you surprised? I’m not, especially in light of the sentiment I’ve been sharing in my recent posts. Our stock market is a gut reaction to what’s happening out there, and right now, that’s in Europe. The market is only as smart as the last person it talked [...]
Posts Tagged ‘Greece’
Stay Occupied, My Friends
Posted in In the News, tagged Dos Equis, Europe, Greece, Italy, stock market on November 10, 2011 | Leave a Comment »
We Shouldn’t Bail Out Europe – We Should Turn It Around
Posted in In the News, tagged bailout, bankruptcy, countries, debt, Europe, governments, Greece, Thessaloniki, Turnaround Management on November 8, 2011 | Leave a Comment »
I’ve been writing a lot lately about Greece, which is representative of the larger problems Europe is having right now. My interest lies in the fact that an organization (in this case a country or group of countries) is spinning out of control in crisis and has little or no idea how to fix things. [...]
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 [...]
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 [...]
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