Sunday, May 4, 2008

Duc en altum

Our economy we are told is on the brink of getting even worse. We believe this because we are spending so much on the war, people are foreclosing on their homes like never before, banks are writing off huge losses, pundits are saying they've never seen it this bad, gas prices are approaching $4, the Fed has started to cut rates again, consumer confidence is very low, we see lazy spoiled kids graduating from high school and college and ask This is the future of America?

Yet unemployment is fairly steady, some big companies are still posting earnings growth. My own business pipeline has never been fuller.

Should I fold my business and take a big-paying, safe corporate job?

My inclination is to ride out this storm, and globalize when others are running scared.

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