This Economy Is No Fairy Tale, But …
19 October 2009
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18 Comments
we can sure draw some analogies.
Reflecting on the United States economy and the economic woes reported from the rest of the world’s financial systems these past few weeks, we have noticed a possible correlation to the childhood fairy tale “Chicken Little.”
You probably recall from this old English folk tale that a tiny little chicken called Chicken Little felt a rose leaf fall on her tail one day and immediately ran in great fright crying “the sky is falling!”
First one she told was Henny Penny who joined her in spreading the message. On their way to tell the king, they met Ducky Lucky who joined their chorus. Then Goosey Loosey and Turkey Lurkey also voted for the tale.
Did we say “voted”? Well, they joined the parade of characters till they all met Foxy Loxy who lured them into his den by promising to tell them where the king lives.
The story goes that Foxy Loxy led them into his den and they never came out again.
You can draw your own conclusions about what happened to Chicken Little, Henny Penny, Ducky Lucky, Goosey Loosey, and Turkey Lurkey, but you can be sure that the foxy one came out of that deal okay.
Now there are those who predict that our economy will never emerge from the den it’s in, but that’s not our area of expertise, so we won’t speculate here. Our business is running a business and we plan to keep doing just that.
We believe in persistence and hard work. Those whose wares we represent have their hopes tied into the products we represent. We don’t’ plan to let them down. We plan to be here; to keep on working and hopefully only paying our fair share to the common good in order to remain in business.
We hope to pass along many good deals to you in the coming months. We don’t expect to ever be a Wall Street presence; we are what has come to be called a Main Street business.
We are drowning out those who are trying to spread the message that the rose that fell on Wall Street was actually a thorny stem or the whole bush. We know based on history that some people will come out of this slumping economy smelling like a rose.
We know that some people are simply going to see and seize opportunity out of this turmoil and disruption. Some people are not going to fare so well and are going to need assistance. We support many organizations trying to provide that help.
In some respects poverty and unemployment are big business. Like a friend of mine said after being unemployed for four months a few years ago, “if it weren’t for unemployment, a lot of people would sure be out of work.”
Think about it. The unemployment system here in the United States is huge. We hope our customers don’t have to file to collect, but if you do, you will encounter counselors, clerks, and a cast of helpers that include those who actually keep the records and generate the checks to say nothing of the landlords collecting rent for the space these agencies use. If someone wasn’t unemployed, those people surely would be. Even our culture of helping those with less actually employs lots of people to distribute money, food, shelter, clothing, and other things of need.
We can’t predict where the large-scale economy is going, but we do believe that it will keep going and those who don’t give up on it will be a big part of its recovery.
We plan to be just as “foxy” as we can be to lure you into our den and connect you with some of the finest products from around the world. We can assure you that you’ll come out okay.
Please Reply and Share with us at: http://i-shoptheworld.com/2008/10/29/this-economy-is-no-fairy-tale-but/http://i-shoptheworld.com/2008/10/29/this-economy-is-no-fairy-tale-but/ all Your thoughts, Comments, etc. on any/all of the following related to the current Economic situation and How we may All work Together to Improve our World Economy for Everyone’s Mutual Benefits!
, namely:
- Do You really think the economy is as bad as the news media has been portraying it?
or …
- Do you think this is all just a fairy story they/the media have concocted, just like Chicken Little, to convince everyone that the “sky is falling”?
and if so …
Why?
- Do You think the media telling everyone the economy is bad, just like Chicken Little, is creating a “self fulfilling prophecy” and making the economy worse than it is really otherwise?
- Is the economy in Your country “better” or “worse” than as reported by the news media in the United States?
- How has any of this affected your personal finances and/or family finances thus far?
- What are You doing Now to prevent the reported economic situation from (further) affecting Your personal finances and/or family finances?
- What do You think can and/or should be done to improve the Global Economy?
- And Who should be doing these things to improve the Global Economy?
- What may we All do to work Together to Improve our World Economy?
for Everyone’s Mutual Benefits!
We look forward to hearing All of Your thoughts, Comments, etc. on any/all of these topics related to the current Economic situation and How we may All work Together to Improve our World Economy for Everyone’s Mutual Benefits!
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This economic collapse was certainly orchestrated by elite bankers and other corporate leaches along with the help of treasonous politicians like breziniski, Clinton, And even Obama. The federal reserve has drained us of our hard earned money and turned our dollar into toilet paper, all while purposely engineering the economic collapse to ensure a global financial order while all nations accept the amero and lower their living standards to the point of slavery.
Help answer the question
In an overheating economy, is financial liberalization useless in the short term?
I think financial liberalization is useless if your economy is overheating as it will create a boom and an overheating economy doesn't need more growth in the short term. Therefore, reform should be made when the economy is not growing fast as we would like.
Is this true?
Therefore, if your economy is growing very fast to the point of overheating, there is no advantage in liberalizing the financial sector in the short term, as it would only worsen the overheating.
economy
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Well….tax cuts is what Bush tried…and look where we are today!
You must be talking about the pre-September part of the campaign. When it looked like it was going to be a mild recession, fixing it in months was very plausible.
By the October part of the campaign, when it was clear that the Bush Administration had allowed the bottom to drop out of the economy, both candidates were talking about a little bit of a longer time frame to fix the economy.
p.s. He is taking steps to fix the economy, but it takes time to turn an economy this big around. Even with a massive infusion of new spending from the government to replace the drop in consumer spending, it takes time for businesses to react to the increased demand by hiring workers back.
No, I just believe if you work your a** off, you'll get paid for a job well done. Of course, you can always sit on your a** and get paid, but for me, it's not enough$$$.
Having studied Karl Marx, I learned one thing: Marx wrote about Capitalism, not communism. Many of his ideas and statements came directly from his observations of the economic conditions around him. One of his predictions hasn't come true yet. He predicted that "the state would wither away". Instead, under Lenin and Stalin, the entire Russian culture became "the state". There was no private "anything". Communism in Russia was essentially the state as the overall culmination of all economic and legal activities. The really scary thing about America is the fact that the US government has increased in size (and never gotten smaller in spite of RWR) during my lifetime. It would be really scary if this American system of Corporate Capitalism, and the Russian version of Totalitarian Communism, gradually grew towards each other until they merged into one system. That's what scares me…
Translation:
The fundamentals are sound = I don’t know what the fuck I’m talking about
sobering times indeed.
btw, check out: We Didn’t Start The Crisis Stern
(parody of of the recent economic crisis. Based on Billy Joel’s We Didn’t Start The Fire)
no we felt bankrupt
I don't care to know who put us in the mess but I do care to know who will get us out of it.
well, for one i would never take out a loan for a wedding.
many people put all their eggs in one basket, including buying a home (which is a bad move). just because you get approved for a certain loan amount does not mean that you can afford the mortgage.
it's about knowing the basics of finance, money in and money out. if you have more going out than coming in, then you have a problem.
many people think that as soon as their car is paid off…or it hits a certain mileage that it needs to be thrown out and get a new one…when it is in perfect working condition. i do not get that either myself. yeah, i wish i had a new car and they are pretty and shiny but then a year after you buy it there is something out there that is bigger and better.
anyway, i am off on a tangent here. but, the bottom line is people want to give off a perception of wealth and will do a lot of stupid things to achieve it. instead, people should start off slow…make money off their first smaller home and be smart about taking car loans and credit cards…invest some, and then down the road instead of trying to give an impression of wealth maybe they will actually have a bit of financial stability!
as for weddings, people will always blow an extravagent amount on them regardless of the economy and everyone knows it…which is why vendors continue to charge ridiculous fees.
Just face it: Americans love to bend over & take it like a little yatch!
Meanwhile, my Norwegian Kroners are going ballistic – Thank god I rolled all my IRAs, 401s & annuities into foreign currency IRAs
Now I’m making a killing!
The worse America does, the more money I make!
Go America Go!
This is so funny because Supply side is exactly the opposite of what the Republicans have become -they have practiced Keynsian logic, while preaching the opposite! (I.e., the liberal idea that debt is OK and stimulates the economy!)
miss george bush?? felt saver??? You really should do more research.
Cramer should have been fired and prohbited from practicing his lack of knowledge on TV….. He should be indicted with criminal charges
Sounds like a TRUE nightmare to me.
say whatever you want.. WIth George Bush we all felt safer….. we miss you Georgi…
They don't listen to the truth and they believe everything Rush and Ann Coulter say (seeing as how they are oh, so truthful). They'll probably say you're a terrorist or ask why you hate America or call you some other name because they can't come up with anything factual to debate with.
I agree…
I was telling dirty yanks to dump their dollars into foreign currencies last year (2008) &the ars*holes just threw pro-usa bs.
Now the Euro is rising, even the Asian currencies & ruble (FFS!) is rising against the dollar & “where she stops, nobody knows”… but it’ll be lower than here, I’m guessing!
Yanks are just so parochial! It’s endemic.
“What? The american american peasants have no bread? Let them eat one another!”
My clients’ monies are pointed at China.
What do I care!
planetforhire work anywhere in the world
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