Before we rock and roll into today's show, I will back track a few weeks to create a context. Two weeks ago:
Now for today's show
EPISODE 33: THE ROLE OF EMOTION IN THE BUSINESS CYCLE
Any analysis of how people make decisions usually has three components: Decision Models, Immediate Emotions, and External Forces. Most economic models are based on people making a rational choice that is in their own best interest - however they personally define it. This is the challenge of economics because reality is much different.
EPISODE 34: WHAT IS A NEGATIVE BUBBLE
Most people haven't heard of negative bubbles, the literature and talking heads on TV just refer to it as just a bubble. So what is a bubble?
Bubbles occur when prices rise for a specific item far above its real value. There are two reasons this happens. First is the natural cycle of supply and demand. When demand exceeds supply it drives up prices and soon the item is over priced which the market will eventually resolve - it's call a contraction. The other reason is when the government intervenes in the market affecting pricing. Either way the market is send signals to make more or jump into a new market and because of the time lag soon it is not sustainable.
EPISODE 35: WHAT HAPPENS IN A NEGATIVE BUBBLE
All of the indicators used to determine economic activity are negative: PPI, CPI, CCI, GDP, open positions vs unemployed, the labor utilization rate,, Balance of Trade. But it is more than the indicators are down, it is the slope of line. What you see is the decline accelerating. In stock market terms - PANIC!
EPISODE 36: WHAT ARE THE SMART BUSINESS DECISIONS NOW
The previous episode (35) is the first and second steps to build at least a robust operation - you can survive the contraction. Now it is time to become antifragile - an organization that benefits from the disruption that surrounds you and build a better business.
"The World Of Business At Your Finger Tips"
new choice for BUSINESS SEARCH