Video - Dividing Lines - The truth about the recession

I thought the video was crystal clear and will be looking forward to

the next one, the problems still to be exposed will run deep, I hope

they get uncovered in future videos, take the MP’s expenses, mix that

up with UK businesses having to outsource jobs to other countries as

Britain becomes too expensive to make employment profitable with our

own people?

If you go and throw half of the country out of employment by

“out-sourcing” all of the jobs this immediately leaves the UK people in

a state of decline? It economic downturn did manage to expose the

expense claims brilliantly but it’s a shame nothing of value has been

done about it and the Swine Flu seems to be the new virus destroying

confidence.

As for growth, I try not getting mixed up with the problems that

other people cause, I refuse to jump on that band wagon, I learn’t the

power of the Internet years ago, when Google launched in about 1998 it

changed the way many looked at business as a whole, between 1998-2009

everything was good online, it went passed being about just search in

2000, again many business refused to sell online when  e-commerce came

in, businesses were confused as the Internet became scary for

many older businesses so they justs played, these days some websites

you can actually feel emotion, with tools like Twitter, Facebook groups

you can even follow the social side of business without having to learn

to play golf.

There are still many industries to be hit financially by online

replacements who know how to to take the business from the people who

ignore the opportunities that now exist online.

I wrote an article about prescription glasses only last week, £5.00!

how many opticians in your local town could  stay in business or

compete with that? How do they do it? It really is not difficult to

work it out.

The Internets success over the last 11 years has indeed brought good

change, many businesses chose to wait for it to fail instead of

researching the success stories and being part of it, many more

businesses will continue to lose money if they don’t take it seriously

and quickly, the solution for growth, is positive change.

I changed strategy on approaching new business as a whole, I decided

to stop ALL  face to face meetings and just use the phone when needed, 

the tools the Internet provides are trusted, fast, environmentally

friendly and fast.

I have work with many Times Top companies without any travel being

involved, which in my industry is unheard of, but most importantly with

tools like social media and micro blogging new business for me is a lot more cosy effective.

I think Ed Bowsher should have bought that £300 iPhone, they’re

going for £400 plus on eBay, he could have made a profit if he had sold

it second hand!!? Joking aside, if shops run out of stock the economy

must be booming one would think? Perhaps the problem was the retailer

not being able to get enough credit to fulfil demand and why trading

online can actually sell a product second hand for more than RRP(

Recommended Retail Price)?

Very simple and clear.  Thank you, Ed.

Thanks for the compliments, folks. Glad you found it useful.

Ed

Thank you so much for making things clearer. I find the media the most

difficult to deal with and as our economy is based on confidence, could we

please stop being so negative.

I

think the major element in household expenditure is the mortgage and

that if house prices were more realistic we wouldn’t be in this

situation. Does any one else think the 2 income household was a major

cause for the start of this, allowing the cost of housing to be force

up. This now has reached the point that most parents both have to work

to keep up with the cost of living. We have a society where the most

important element for our future, our children are handed over for

their upbringing to, at minimum uncertain psychological damage and at

best an OK system, all with profit as the driving motive for existence.

 With parents too exhausted to really work out the best way to

discipline their children, positive reinforcement, which takes time and

patients. Consequently children are missing the most important element

in their upbringing, the time and attention of their parents. What sort

of society we are storing up for the future I dread to think.

any economy based on ever increasing consumer spending, in a world with finite resources, is bound to fail in the end.....