Send to a friend New Positioning for a New Economy

2008-11-03 13:25

It's no surprise that the bailout on Wall Street, the economic showdown between the banks and the government, as well as the turmoil that's gripping the nation, is going to have enormous consequences on the citizens of this great country. Businesses are already finding themselves in unfamiliar territory, and if it is unfamiliar, it's certainly unwelcome territory.

The losers in every situation are always the employees of the companies that employ them. As credit tightens and the availability of cash shrinks, businesses will have to make hard choices, and unfortunately, sometimes those hard choices will end up being taken out on innocent bystanders. Those innocent bystanders are going to have to take care of themselves and my advice is to get out in front of the wave before the wave comes crashing down on you.

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