What preperations do you have against financial crises and do you have retirement plans.Well contrary to everything that you have been taught, saving your money in the bank is not the best way to go.
If you had observed the financial situation on the international markets closely you would have noticed that the economic problems that occurred rippled into the lives of the ordinary man and there is more still to come. You and I would be affected indirectly as well by the restructuring of Wall Street. One official in a Middle Eastern country went as far as saying that president Bush and his International wars were resopnsible for the global shakeups .
Let me say blunty that these things happen. The result from mismanagent. Let me not be the one to point fingers because if you were in my position you would be happy when these things happen.
I got you there.
International shakeups and even smaller regional ones that are focused in a specific country affect the value of the currency of major countries.
Well how can you benefit form this? I will be discussing how to benefit from financial shakedowns in my confrence on Saturday at 1 pm Eastern time I will show you how you can turn your life around by using a proved system that will shatter everything you ever learnt about money. When I am finished I will set you on a course to financial success.
Please send this message to all your friends. We have to do this together. Just add this email money_biz_2007@yahoo.com to your messenger and join me on our yahoo web confrence Saturday 27th September, 2008.
You willl not regret it.
Ranfred Williams
Wednesday, September 24, 2008
Monday, September 22, 2008
The Fall of The Us Dollar
If I refused to comment on the situation on Wall street, I will be doing myself and the economic community a great disservice. Everyone is talking about it. Never before have I seen Guyanaese on the street arguing about the declining value of the US dollar, the merging of US companies and international economic problems.
Therefore I will task myself with clarifying the issues and shakeups and explain how they affected the US Economy, the world markets and our lives as individuals. I will conclude by speculating on how this affects our future.
Let me first hope that you are/were not an employee at Lehman that filed bankruptcy just last week.
According to the New York Times "Lehman's slow collapse began as the mortgage market crisis unfolded in the summer of 2007, when its stock began a steady fall from a peak of $82 a share. The fears were based on the fact that the firm was a major player in the market for subprime and prime mortgages, and that as the smallest of the major Wall Street firms, it faced a larger risk that large losses could be fatal.
As the crisis deepened in 2007 and early 2008, the storied investment bank defied expectations more than once, just it had many times before, as in 1998, when it seemed to teeter after a worldwide currency crisis, only to rebound strongly. " ...
"By the weekend of Sept. 13-14, it was clear that it was do or die for Lehman. The Treasury had made clear that no bailout would be forthcoming. Treasury Secretary Henry M. Paulson Jr. and Federal Reserve officials did encourage other financial institutions to buy Lehman, but by the end of the weekend the two main suitors, Barclay's and Bank of American, had both said no. Lehman had reached the end of the line. "
Read the entire story on posted by the New York Times by clicking here:
http://topics.nytimes.com/top/news/business/companies/lehman_brothers_holdings_inc/index.html?excamp=GGBUlehmanbros&WT.srch=1&WT.mc_ev=click&WT.mc_id=BI-S-E-GG-NA-S-lehman_bros
My first comment is that for a business to reach a point where bankruptcy is the only option, there are setbacks that it faced early on that leads to the entire decision
Therefore I will task myself with clarifying the issues and shakeups and explain how they affected the US Economy, the world markets and our lives as individuals. I will conclude by speculating on how this affects our future.
Let me first hope that you are/were not an employee at Lehman that filed bankruptcy just last week.
According to the New York Times "Lehman's slow collapse began as the mortgage market crisis unfolded in the summer of 2007, when its stock began a steady fall from a peak of $82 a share. The fears were based on the fact that the firm was a major player in the market for subprime and prime mortgages, and that as the smallest of the major Wall Street firms, it faced a larger risk that large losses could be fatal.
As the crisis deepened in 2007 and early 2008, the storied investment bank defied expectations more than once, just it had many times before, as in 1998, when it seemed to teeter after a worldwide currency crisis, only to rebound strongly. " ...
"By the weekend of Sept. 13-14, it was clear that it was do or die for Lehman. The Treasury had made clear that no bailout would be forthcoming. Treasury Secretary Henry M. Paulson Jr. and Federal Reserve officials did encourage other financial institutions to buy Lehman, but by the end of the weekend the two main suitors, Barclay's and Bank of American, had both said no. Lehman had reached the end of the line. "
Read the entire story on posted by the New York Times by clicking here:
http://topics.nytimes.com/top/news/business/companies/lehman_brothers_holdings_inc/index.html?excamp=GGBUlehmanbros&WT.srch=1&WT.mc_ev=click&WT.mc_id=BI-S-E-GG-NA-S-lehman_bros
My first comment is that for a business to reach a point where bankruptcy is the only option, there are setbacks that it faced early on that leads to the entire decision
Wednesday, September 17, 2008
Teens need attention
Current mood: 
animated
Well forget the smile on my face because I have been there and I know what it is like to be depressed. Well I was not born to millionaires neither was I always happy. In fact I believe I have few moments of happiness in my childhood that I can remember.
But it takes more than self-assertion to become a happy and successful adolescent. Well self-assertion is not a inborn talent. And in fact I know that there are thousands of youths that lack this came talent.
The social programs in schools only go so far and no further in meeting the social needs of our youths like you and I.
The side-effects of teenage social, and emotional instability are great and insurmountable. Lets talk about depression, suicide, and drug abuse. The ills affecting the youths.
"A teen with an adequate support network of friends, family, religious affiliations, peer groups, or extracurricular activities may have an outlet to deal with everyday frustrations. But many teens don't believe they have that, and feel disconnected and isolated from family and friends. These teens are at increased risk for suicide."
"In the United States, depression is the most common mental health disorder. Each year it affects 17 million people of all age groups, races, and economic backgrounds. ... Depressed kids and teens are more likely to use alcohol and drugs than those who aren't depressed. Because these can momentarily allow a person to forget about the depression, they seem like perfect fixes. But they don't fix anything; in fact, they can make someone with depression feel even worse. ... Depression can be successfully treated in more than 80% of the people who have it. But if it goes untreated, it can be deadly — it's the No. 1 cause of suicide." http://www.kidshealth.org
We can and must arrest this problem because these adolescents are the adults of the next generation and if we do not take their plights seriously we will result in a generation that is insane, hooked on drugs, scarred by suicide, or altogether dysfunctional socially and emotionally.
If you have an idea on how we can make a positive move for our kids post it here
Together we can beat this.
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