This graph is very interesting (from The New York Times). It shows the price-to-earnings ratio and gives us hope for the future as well as some relief that the bottom is not far away – if not here already. On the other hand, you can see that there is a possibility we will get to the lows of the 20’s, 30’s and 80’s – which means more pain on the way.
Author: Andrew John Harrison Page 21 of 32
Leadership Advocate and Co-Founder of the Goldzone Group. I help leaders to master the new rules of leadership for the new economy. Over the past 30 years, I have visited more than 500 cities in 54 countries to explore, learn from, and help many of the world's leading companies, leaders, and luminaries in science, technology, health, finance, and entrepreneurship.
April 26, 2017 > Update > Wow, watching this video again eight years later is an eye-opener. The US Federal debt has climbed to almost $20 Trillion. Clearly, the core issue of too high spending and too low income has not been solved.
Government finances operate on the same principles as business and personal finances, with the exception that we don’t work for the stockholders, and don’t serve the interests of all citizens. It is possible to predict the future by looking to the past. get ready for another crash. Check out the US Debt Clock > here.
March 17, 2009 > This video is very well done. I.O.U.S.A. boldly examines the rapidly growing national debt and its consequences for the United States and its citizens. The graphics are awesome and the content is very well presented. The full version is available (highly recommended) on DVD from PBS.
Most people know what “The Zone” is and have experienced moments in The Zone in their career, sports, money, etc. Typically these moments are infrequent and unpredictable at best, and most people have no idea how to get in The Zone whenever and wherever they choose.
The Zone feels like a quiet excitement with intensified focus. You feel a sense of confidence, total concentration, and an intense awareness. Your movements are easy, flowing and especially coordinated. You lose all sense of time as if another dimension has been added. You are completely focused on what you are doing and all other thoughts and feelings diminish.
Boom. Crash. Catastrophic failure and collapse.
History is littered with corporate failures that involve massive loss of jobs, investor, supplier, and client financial losses. Empires flourish for a while, then go into decline. Some last longer than others.
The larger the failure, the more complex and difficult it can be to trace back to the singular cause. Complexity can cover up the real issues. However, a thorough investigation by people who know what to look for can often reveal lapses in standards, honesty, and ethics long before the terminal collapse.
These lapses often (but not always) begin at the top – with the leadership, and then filter down throughout the organization.
Once we have acquired one virtue, it becomes a part of who we are, and we move on to the next virtue.
When you are on a Quest, this is how it works!
updated 6-25-21
Sometime in 2000, I made a list of values and virtues that were important to me. These represented qualities to enhance within me as part of my Quest to be the best person I can be and realize my full potential. By the time I had completed making my list, I had two conflicting thoughts. One was, “Wow, look at how many of these I have already acquired/developed.” The other thought was, “Wow, this is a long list. Am I ever going to be able to do it?”
Many of us would agree that our results in life are created by our actions, and our actions are preceded by thoughts, and our thoughts are created by our feelings. The challenge is that most of us have thoughts and feelings that are hidden deep in the subconscious mind – out of our conscious awareness. The easiest way to see what is in our subconscious is to look at our results. Our results will reflect the inner workings of our mind.
Over a lifetime, we hear thousands of comments about money and observe the money behavior of the people closest to us: our parents, relatives, teachers, friends and colleagues. Many of these comments reinforce patterns of thinking and beliefs that over time become buried in our subconscious. Our day-to-day experiences confirm and validate that these thoughts and beliefs are true and accurate.
In order to change the relationship we have with money, we have to reprogram our subconscious mind. This requires replacing negative thoughts and feelings that are inaccurate with positive thoughts and feelings that give us the results we want.
Most people would like to increase their income, however negative thoughts about what they have to do to make more money often counters their intention. For example, if you have the belief that you have to be dishonest to make money – and you see yourself as an honest person – you will avoid making lots of money so you don’t compromise your status as an honest person. However, this belief is not true. You can make as much money as you want through honest means and all the while maintain the highest levels of honesty and integrity.
Making a list of your most negative thoughts about money will help you to bring these deep-seated thoughts and feelings to the surface so you can view them and choose a replacement thought and feeling.
Many years ago, I sat down with a note pad and created two columns. In the left column, I listed my most negative thoughts about money. In the right hand column, I wrote a positive affirmation that would reprogram the negative into the positive.
This process totally transformed my relationship to money. I highly recommend that you make your own list and pay attention to the thoughts that come up as you read the list below. Feel free to use any of these and add them to your list.
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