> I am watching the recent economic events with great detail and I would like to share one of my insights.
> Today lots of people are aware of the current economic crisis. The media has not been able to really give a sense of the dimension of the problem.
> The size of the news and the impact (present and future) is of such magnitude that it can be compared to the world wide environment of 9-11. The world stopped to this unexpected and tragic event.
> Today I see the news, I talk with people, and yet I don’t get that same feeling from people on the watch minute to minute. Several days have already passed from the start of the financial bailout and the dimension is still not clear for many.
> This crisis is really not a surprise for many. It was already called out as the housing bubble, and people are not relating one to the other. The bubble will burst, either today or in a few weeks (maybe months).
> We are in the brink of an Economic Winter. As with many things, economics is also a cycle driven event (some think differently). You cannot stop winter (weather wise), so what makes you think that you or anybody can stop an economic winter?
> Think as if it was a season of the year. What would you do to survive winter in a harsh environment? You prepare before hand and you waste nothing. What options do you have considering that you are ALREADY in the winter season? Now think you mindset to consider not winter season, but an economic winter.
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