Breaking the Cycle

Recent numbers show that the amount of banks on the brink of failing is as high as in 1993.  Remember what happened then?  The internet boom hit, everyone did well, and then it went bust.  Next the housing boom hit, everyone did well, and then it went bust.  Which brings us to now.  A serious bust. 

Currently we have an insane amount of debt, social security doesn’t have enough money to help people and there are so many other problems. We are just assuming there will be another boom.  But then what?  The only outcome this  kind of thinking has reaped is another bust.  It’s the same cycle over and over.  

Usually, and unfortunately, it has taken a war or  spontaneous act in this country to bring a change but we have to make a conscious choice for that change to bring us to a positive place and not another cycle.   We want our economy to be self sustaining. We have many assets, Americans are creative and resilient, we are in a great position. We are good at many things, those things that we are not good at doing we should outsource.  If something can be done better elsewhere, send it. Go to India.  Then we can focus our efforts on what we are good at and build.  

If we invest in what we are good at and maximize our opportunities there wouldn’t need to be another cycle of problems.  We wouldn’t have another crash.

If we all have a chance to do our best we wouldn’t have to be a part of these cycles.