Sloan Creative

Here’s a voice worth listening to. A bright and amazingly experienced economist and author, Loretta Napoleoni. That’s her most recent title there >>>>>>>>

I just caught a bit of her interview on KUOW.

The idea that the US economy is now, by her definition, a rogue economy, one operating outside of laws and regulations, is startling and seems surprisingly accurate.

Business leaders beware!

She is worth a listen because her analysis explains much of what we are seeing these days in the news:

Our government has found it necessary, today, to seek to rewrite it’s oversight of the financial system. Why?

How did Bear Stearns, a crucial piece of the banking system, borrow more than it was worth as it invested in hugely risky assets (CDOs of sub-prime mortgages)?

The problem is…

She sees things getting a lot worse before they get better as these rogue practices come to light and are sorted out.

All this unregulated fun is leading to a hang over. The bartender, the banks, sounded last call late last year. Now, many are taking aspirin and vitamins, drinking a lot of water, and going to bed in hopes of avoiding what they fear is probably inevitable. See my blog post on one of the biggest causes of our hangover.

Warning: Tunnel and metaphor change ahead!

This is one of those moments in life that I think of as hurtling toward a very tight tunnel entrance in a fully loaded semi you’ve just learned how to drive. Am I lined up correctly? Am I going to clip my mirrors off, or worse?

I’ve developed a new tool to bring greater clarity and understanding to your financial statements.

Of course, these exciting times create opportunities as well as challenges. If you’d like to take a bit of time to get clearer about your current alignment, let me know.

Contact me for a free consultation.