Runum
Legendary Contributor
EPIC CONTRIBUTOR
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.
Join over 90,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.
Free registration at the forum removes this block.Geeze Greg, are you okay? I mean, I know there is still a giant shit storm a brewin', but you seem to be really focused on it today. ...What are you doing with all this info? What does it mean to you? ...Will you be altering your plan any?
Runum said:Personally, I don't think we are anywhere near the end of this. The jobs picture is very troubling.
Here's another radical idea for you:Runum said:I think we could have an official recovery without employment rising but I think it would be short lived. In our consumer driven economy we have to have new customers. If our customers don't make enough money or any money at all, then they cannot be our customers. Result is a smaller pool of customers.
Here's another radical idea for you:
What if the dollar stays weak, and the stratification of classes in the US continues? (ie, less middle class, and more upper and lower classes?).
This could potentially mean:
1. Increases in sales to other countries (something I think is essential for sustained long term growth)
2. Decreases in sales to a segment of the US population, but increases in others.
I do actually believe #2 is happening, and will continue. I'd like to see #1 happen, but can't see it happening yet.
If either occur, it will require re-tweaking our long term PLAN to account for these shifts.
-Russ H.
Join Fastlane Insiders.