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When the real estate market was going up faster than a space ship, someone told me that the bubble was about to burst. They said, "You know it's reached its peak when you hear grandmothers and barbers talking about it". Well, maybe the same applies to the bottom. You now here the grandmothers and barbers talking about how bad the economy is, so it's probably about to start back up.
Obviously, I'm not an economist. But, I think what our country needs right now is just some optimism. We need to stop focusing on what got us here, and focus on what will get us out. On Rosh Hashanah, my Rabbi, Terry Bookman, gave a great sermon on "Imagination". He quoted the leadership consultant Michael Hammer, "When memories exceed dreams, the end is always near." Well this is mainly a tech and business blog, so my message is to encourage the inventors and the dreamers out there to keep dreaming, keep inventing. Monetization is important, but remember, it's not even a word. Who would've thought facebook, could be profitable? But as Thomas Friedman says in The World is Flat, "Imagination can't just be about reruns. It has to be about writing our own script." We need to start building and scrapping our way out this recession/depression.
Things are bad right now. But, if you work hard, you can help get this country back on its feet.
1 comment:
Shorter version of this appears as an op ed in the New York Times today Greed – and its crafty sibling, speculation – are the designated .Whereas economists try to use positive economic techniques to reign-in some would say hide their normative value judgements, political economists tend.The Icelandic economy is transforming in a postive way since the currency . The Icelandic economy has enjoyed a long positive economic growth period.
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