Recently, Americans became more aware and most importantly, educated, on just how bad things have become for our financial institutions. Remember the trickle-down theory from the Reagan years? Well, what’s happening now is just the opposite and it’s not just trickling – it has become a deluge.
Because of our economy and the recent bank-busting mortgage, lending and financial fiascos, international markets have also reacted with all-time low indices. They are feeling the ramifications of executives who, in many cases, squandered corporate funds, even while the ship was sinking (AIG for example).
So, who will mend the many fissures that have become exposed within our infrastructure? What solutions will they implement? What tactics will be taken to stabilize the shaken spirit of Americans and quell the fears of our allies? Not sure? Neither were the presidential candidates last night – at least in my opinion. Not once did I hear anything by either presidential candidate about a concrete plan – and honestly, it would be difficult to promise something and not come through. That’s why you will never see my name on a ballot as a political candidate.
We’re all riding out the same storm: manufacturers, importers/exporters, distributors, retailers, installers, etc. The only piece of advice I can offer is to ride it out. You’ve been successful thus far, and yes, it will be tough occasionally, but we can weather this storm.
Please feel free to share your tips and/or business methods here: it will prove beneficial to those who currently find themselves in difficult situations.
Lastly, no matter what, just make sure to carry out your privilege and right as an American citizen to vote in the November 4 election.