Save Money and Live Frugally
Saturday, February 28th, 2009
You may not think that this is the greatest start of a blog about generating the ideas that inspire the future. I think that it is perfect. The old economic paradigm that we have been operating under for the last 40 years or so has collapsed. The government is spending huge amounts of money to preserve it, but it won’t really work. Our prosperity the last 40 years has been based upon over consumption on credit. That has finally failed because the debt has overwhelmed our ability to produce and pay for it.
After we go through a period of trying to save the old way, then we will have to rebuild our economy based upon a new paradigm. I suspect the economy will get much worse for a lot of people over the next few years. Will we see 25% unemployed as we had in the 1930s? I don’t know. If you count it like they did back then, we are at about 17%.
This environment will create many opportunities to create real value. Authentic value is what people will flock to. Find a way to create real and authentic value and push it to the extreme. It all probably starts with getting people in touch with the title of this post.