Does anyone have a dollar stretcher I could borrow or could I pick from your money tree? Isn’t this something that most of us are wishing for right now. Unemployment rates are at an all time high and it seems that cutbacks and instability are have become a permanent part of our thinking.
I have often wondered how it would be to live in a country that gets hit by bombs on a regular bases or where there is fighting in the streets. What is the mindset of those that live there? How do they survive from day to day? I know this is an analogy that is dealing with life and death but I think most of us can apply it to our outlook of our job stability. It’s called conditioning.
Times have changed. Not too long ago the mindset of most Americans was that you would get a stable job and could stay with that company until you retire, if you wanted to. You would have a retirement and insurance waiting for you at the end of that duty. Not so today, there are very few companies left that would fit this model and so we have gradually had to shift our paradigm in a new direction. We now have become conditioned to know that we can’t rely on a job anymore. We have to think and plan now like someone that lives in a country like I mentioned above. We have to think outside of the box, plan more and make escape routes for when war breaks out or when we hear the bomb siren going off. We may even travel lighter now and not grow roots as deep because we may not be staying in one location. For most of us life has changed. It’s not doom and gloom it’s just life and we survive.
We lean more on each other. We lend a helping hand and we gain a stronger appreciation and love for fellow human beings.
Yellen's 'optimal' model calls for rate hike this year, in theory
26 Nov 2014 | 1:43 pm
WASHINGTON (Reuters) - Federal Reserve Chair Janet Yellen has said the tenor of economic data will decide when the U.S. central bank raises interest rates. Surprisingly, a data analysis based on Yellen's own priorities points to a rate increase by the end of this year.
US stock indexes hold near record; Deere slumps
26 Nov 2014 | 1:05 pm
Catalonia moves closer to early election as dialogue hopes fade
26 Nov 2014 | 12:38 pm
MADRID (Reuters) - Catalonia's two main parties on Wednesday moved a step closer to calling a snap regional election they want to use as a proxy for a referendum on independence from Spain. The region, which accounts for one fifth of Spain's economic output, went ahead with a symbolic independence referendum on Nov. 9 despite Prime Minister Mariano Rajoy blocking such a move in the courts and calling it illegal. ...
U.S. consumer, business spending data point to slowing growth
26 Nov 2014 | 12:28 pm
WASHINGTON (Reuters) - U.S. consumer spending rose modestly in October and a measure of business spending plans fell for a second straight month, suggesting some slowing in the pace of economic growth.
Dollar falls on weak U.S. data, stocks eke out gains
26 Nov 2014 | 12:21 pm
By Herbert Lash NEW YORK (Reuters) - The dollar fell on Wednesday after disappointing U.S. home sales data, but global equity markets edged higher on hopes for more stimulus from the European Central Bank and the prospect that stocks may be a better investment than other alternatives. The less-than housing robust data fed worries the U.S. economy might be losing momentum. Also feeding those concerns were data showing U.S. consumer spending rose modestly in October while a key measure of business spending plans fell for a second straight month. Sales of new U.S. ...
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