October 30th, 2008
A global shift in consciousness has occurred during October. Trust and confidence have given way to fear and uncertainty. Plans and expectations have been completely altered or dashed altogether. Governments, entire industries, equity markets and the majority of the adult populations in the developed countries of the world are staring into a financial abyss that has no correlation to anything any of them have experienced (unless they are 80 years or older).
Governments separately, and then in consort struggle to stay ahead of a financial catastrophe they can’t quite fathom. Hundreds of millions of people feel as thought they have been …
October 6th, 2008
More than a year ago, I wrote a column about two damaged brands. One damaged brand was the “Made in China” brand and the other was the well respected financial brand of Wall Street. At that time China was dealing with the fact that pet food produced in China was killing pets all over the world and that toys produced in China had extremely unsafe levels of lead. Also at that time Wall Street was beginning to deal with the meltdown of the mortgage backed securities market.
This column immediately came to mind last week. In the same week …