There is a huge question on the minds of hundreds of millions of business owners just like you:
With this economic environment described as the "worst financial crisis since the Great Depression," what is going to happen to me?
Do you plan to merely survive? Cut back to the bone? Wouldn't you rather thrive?
Are we really entering "worst financial crisis since the Great Depression"?
- The Great Depression started in the United States in 1929 following the stock market crash and went on for 10 long, lean, tough years.
- That 1929 stock market peaked in September, plunged by 30% in a week and 89% in 31 months, and took 24 years to recover back to 1929 levels
- Billionaire investor George Soros says, "The size of the problem is actually bigger than in the 1930s."
- Our own stock market peaked in October 2007, slid 21% over 11 months, and plunged 30% in a just short 20 days between September and October 2008 - that's 42% in 12 months
- That Great American cash machine, homeowners equity, has dried up for almost everyone except the Super-Rich, who don't need it anyway, because they're waiting with their piles of cash to pick up bargains for pennies on the dollar: stocks, real estate, businesses, rare art, collectibles, and more
If you find the current economic environment a little troubling, and if you don't have a satisfying answer backed by a tested and proven plan, I hope you spend a few more moments with me for your own sake.