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.
Funding drought curbs Australia's "food bowl to Asia" ambitions
9 Mar 2014 | 11:27 pm
By Jane Wardell SYDNEY (Reuters) - Australia's lofty ambitions to become a "food bowl" for a rapidly growing middle-class in Asia are in danger of falling at the farm gate due to the country's harsh, drought-prone climate and a lack of investment in agricultural innovation. The federal government has touted the food bowl plan as one way of diversifying the economy as a decade-long mining boom that brought the country riches wanes. But the industry says it has been left between a rock and a hard place - with state grants denied and foreign investment blocked, it lacks the funding needed to transform Australia into a provider of high-quality, value-added produce. "There are many companies that are struggling," said Peter Schutz, the chairman of the federal government-funded Food Innovation Australia Ltd. "We need innovation right through the supply chain;
Equities slide on disappointing China trade data, Ukraine crisis
9 Mar 2014 | 10:28 pm
By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks slid on Monday and the dollar stepped back from its recent highs as disappointing Chinese trade data and uncertainty over the crisis in Ukraine kept risk appetite in check. Investors greeted the new week in Asia on a cautious note after data issued on Saturday showed China's exports unexpectedly tumbled in February, swinging the trade balance into deficit and adding to fears of a slowdown in the world's second-largest economy. The soft Chinese data put a damper on risk sentiment, which had been temporarily boosted by stronger-than-expected U.S. nonfarm payrolls out on Friday showing employers had added 175,000 jobs to their payrolls last month, up from 129,000 new positions in January. "While non-farm payrolls surprised significantly to the upside on Friday, disappointing China data, escalating Russia/Ukraine concerns and the missing Malaysian aircraft have all contributed to a somber mood," IG market strategist Stan Shamu wrote in a note to clients.
California Democrats, eye on election, adopt activist agenda
9 Mar 2014 | 9:39 pm
By Sharon Bernstein LOS ANGELES (Reuters) - California Democrats wrapped up their annual convention on Sunday with an appeal to their progressive base even as leaders vowed to stay on a centrist path that has won wide popularity for Governor Jerry Brown and firm control over the state legislature. Facing the 2014 election season flush with a formidable political advantage in the most populous U.S. state, Democrats used the two-day gathering in Los Angeles to showcase their successes in California and to draw a contrast with partisan gridlock in Washington. They cited California's improving economy and a newly exerted fiscal discipline that has allowed Brown to pay down the state's debt as proof of Democrats' ability to govern effectively. "We took a state that seemed to be a punch line for a national joke, and we made it a how-to guide for national governments," incoming state Assembly Speaker Toni Atkins told the crowd.
Japan has record deficit, lowers growth estimate
9 Mar 2014 | 8:48 pm
TOKYO (AP) — Japan racked up a record current account deficit in January, and lowered its growth estimate for the October-December quarter Monday in the latest sign of hardships for the world's third-largest economy.
China February exports tumble unexpectedly, heighten slowdown fears
9 Mar 2014 | 7:35 pm
By Kevin Yao and Adam Rose BEIJING (Reuters) - China's exports unexpectedly tumbled in February, swinging the trade balance into deficit and adding to fears of a slowdown in the world's second-largest economy despite the Lunar New Year holidays being blamed for the slide. A resilient Chinese economy is good news for the world, particularly for major commodity exporters such as Australia.
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