If Everyone Is Thinking Alike Then No More Than One Is Thinking At All

Since the Fourth of July holiday is approaching I thought it would be apropos to talk about revolution.  The Great Recession may not have warmed up yet, the U.S. government is over leveraged, and the Fed has no ability to prompt a turnaround.  What we need now are strong, brave leaders like those who were willing to commit treason in Philadelphia rather than be unfairly taxed.  Our current leaders are so weak they won’t risk another parting winning the Presidency or control of Congress by working together to affect necessary changes.  Work together and don’t care about who gets credit; our economy is on the mat late in the third period it’s time to spring up and take action.  The situation is grave and there is no place for political posturing, indecisiveness, or inaction.  Please be revolutionary and take decisive action because things can get a whole lot worse before it gets better.  This is a economic turning point just as commanders have to adjust their tactics for new weapons so to do central banks and governments because the level of codependency, depressed economic levels, and current state of balance sheets render most traditional economic tools ineffective so please let’s take Wednesday to reflect and find solutions that probably won’t be good but will be least bad and ensure a prosperous future rather than a lost decade or century.  It’s time to get back to basics we need more cowboys; just ask yourself WWJWD, what would John Wayne do (hint: it isn’t nothing and will likely end triumphantly albeit with a black eye).  I have a friend who recommends that on occasion you do the opposite of what you normally would; nothing crazy like waiting for traffic to cross the street but in all other regards and has found it rewarding.  I suggest political, business, and all economic leaders take my friend’s advice and try something new because doing the same old thing hasn’t been working, didn’t work today, and won’t work tomorrow.

Tagged as: Business, Corporate Finance, Economics, Finance, Fiscal Policy, HunchEnomics, Leadership/Management, Monetary Policy, Politics/Government, Wise Words