OddThoughts

Here’s the idea.

In the best of worlds, people would go about their daily lives, and the economy would be good and strong for everyone in society. People would work hard, make money, buy goods and services, and we would be all “happy go lucky”

However, we watch the news, listen to the radio, read the paper. All these things tells us about something called the “economy”. It’s in a downturn, people are losing money, the sky is falling, etc. etc.

This “economy” to which you hear in the news. It’s not real!!.

The truth is if the thing called the “Dow Jones” drops 500 points, your life still goes on and continues the way it always did.

Maybe I’m being too critical, the problem is not with the economy. The problem is a very common error people make in analysis and creating self fulfilling prophecies.

You go through life, you encounter problems, you try to figure out the cause of your problems, you try to define an action plan to solve these problems. (at least that’s what I do)

Whether you are an analyst or the average ‘joe plumber’. You still do these things. Some of us maybe more conscious/aware of it, but we all do it on some level.

Certain “events” in life happen, to society in general. “The Economy” is one of those events.

As humans, it is a natural (intrinsic) human trait to point to one of your problems and attach one of these “socieity events” as the cause. We all do it; and this doesn’t mean we are right, but it’s very easy to do. Although it might make us ‘feel good’ it doesn’t really solve the problem.

So let’s say you are the “typical” person, you probaby have lots of credit cards and “consumer” debt. If the economy takes a downturn perhaps you start experiancing pain. The debt collectors get ansy and want their money back; and you don’t have it to give to them. Perhaps you start to panic? Perhaps everyone in the society starts to panic, and everyone just stops spending and the economy slows down even more; and the news/media reports the problem is getting worse, and you get more scared, and the cycle continues…

You start to feel powerless, nervous, and you don’t know what to do. You see the problem is not with the economy. “The economy” is a simply reflection of the actions of people re-acting to what they see/hear in the news. As hard as it sounds; stopping listening to this trash and focus instead on what you can control, what you are responsible for. And things will get better..PROMISE !

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