www.smallbusinessmentors.com hot from the press!
It is almost February 2008 in a few days and America is still in denial of a recession?
Stock markets are plummetting all over asia, europe and Wall Street and yet we just can accept the word “RECESSION, RECCESSION, RECESION, whatever!”
It does not take known bankers, financiers or economist to admit to it as anyway the aura and environment is already configured.♥
Simply walk through huge shopping malls HUGE 70% OFF SALE signs, the online marketplace has been transformed to an auction warehouse, especialty brick and mortar stores closing out and liquidating remaining inventory and banks are not engaging any new credit offerrings “nothing new”, etc.., What else needs to be said.
Even my favorite fastfood restaurants has seen decreases in their regular customer purchases. Food simply is the last thing that can be affected but the reality is people are cutting their meals yet they are not on diet.
It is totally understandable that bill collectors are more pressured to do those calls but people who use to be credit sensitive have no more choices to do.
Had you seen and gone to the hard neighborhoods? Homelessness, mental illness, and crimes are on the rise and seems to be a new trend in America’s streets.
As in any case of denial, only when we accept the truth will we then start to heal and work on healing the problem. Yes, this is the state of the American recession in the middle of a presidential nominee from both parties unnamed. In the middle of an Iraq Trillion dollar war, in the middle of politicians and show business tycoons getting the creative advertising money wasted.
However, who am I? A nobody, as one said a loser with no money and power but I am just an example of millions of people living in America today in denial.
Watch you back for the big brother,
February 3, 2008 at 1:32 am
It’s feb. 2008 and recession is here without admission. Banks like Washington Mutual are finally taking the lead of improving it’s own ranks.
Kudos to WAMU for finally realizing the importance of maintaining existing customers.
http://www.bloglines.ws