Much kudos to creator Jonathan Jarvis. You can also visit the official website for the videos.

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

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Yes? You think we could?

Great, then join me now in making the declaration and spread the word to your friends, family and everyone you know. Blog it, tweet it and share links to those declarations in the comments below.

——- 

Legal note: This is not a recommendation to buy long, sell short or hug your co-workers. Just spread the positive vibe man.

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If you have the three elements shared in this video in place then you can be confident you will survive the loss of your job.

 If you have gaps in the three elements then you need to act now to be prepared. If so, visit www.Redundancy-Advice.com.au for more detailed resources to plug the gaps.

Please share these insights with all of your friends and colleagues who are stressed about the possibility of losing their job. Help them get more joy in their life right now!

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Time proved that to be correct and over the past nine years I have progressively read less and less of the mass media and more specialist publications. Most of what is published in the mass media makes me quesy or irate – often both simultaneously. Too frequently I feel that mass media financial articles confuse the issue and are too superficial by not considering the real, valid depth.

I could rant on this topic for a long time, but I won’t. Have some fun instead and watch this enlightening video by Jon Stewart of The Daily Showin the USA. Stewart takes the so called experts of CNBC, the business show, to task over their forecasts and soft approach on CEOs.

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For more resources and redundancy advice visit www.Redundancy-Advice.com.au

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The aim is to donate $50 of your handout to a charity of your choice. (Of course you can donate more if you want and are able to.)

Not only will it give you a warm feeling you will probably also be eligible for a tax deduction on your donation. That’s an extra bonus since your Government handout was not taxable!

(Of course, many people who received the handout are in genuine immediate need. But if you feel the handout was partly surplus please consider helping others out.)

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Or maybe have you been holding out on your regular investment plan because you haven’t felt comfortable?

If you made that decision based on an emotional trigger such as “feeling tired of losing money” then you face the real predicament of getting back in too late and missing out on big gains which often come in the early days of an economic recovery.

Watch the video below for some insights into how to decide when to start investing again.

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Interestingly by this measure Kevin Rudd (the Australian Prime Minister) is earning roughly ten times as much as Barack Obama (President of the USA).  

When it comes to how much politicians are paid I’ve often wondered if it is evidence to support the saying that “you pay peanuts you get monkeys”.

That said, many company executives who contributed to the global financial crisis were paid multi-millions and now appear to have been monkeys in human suits.

When you boil it down, mostly this is a bit of fun. I think it is fair though to remember the rule of thumb that paying a high fee is no guarantee of quality, but if you expect quality then be prepared to pay for it.

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What that means is that the massive rate cuts from the Reserve Bank of Australia over the past four months have been an ineffective stimulus on the Australian economy.

I believe this is happening because our nation’s “leaders” are fear-mongering. They are talking up the bad news too much without sufficient balancing positive leadership. Their jaw boning is counter-productive to their financial stimulus.

The big problem is that talk is free and stimulus is costing the country billions. 

The consequences could include (according to my fuzzy crystal ball):

• Sudden reflation of the bubble as confidence returns and people start spending like the old days using their new stash of cash savings
• Equally rapid interest rate rises 
• A debt noose around our nation’s necks that hampers our international competitiveness and growth
• A depression as the fear mongering becomes a self-fulfilling prophecy

To clarify I don’t mean all of the above. It could go either way in the short term.

One thing I am clear on is that fear breeds fear and what we need is true leadership, not a cash shower.

If you’re feeling scared ask yourself if the facts of your personal situation have really changed? Or is it just your perspective?

Maybe you are unnecessarily too scared. Maybe you don’t really have much to be afraid of and instead could be showing personal leadership to those around you.

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