Saturday, March 08, 2008

Sensible People Heed Warnings

People who can’t see some sort of global recession coming are like people standing with their backs to an elephant and insisting such animals don’t exist.

Too much of our money is being wasted on futile schemes and posturing by people in authority who should know better. Bonuses, severance pay and golden goodbyes are dished out willy-nilly whether they are deserved or not.

And who pays?

We do - in taxes or higher prices.

The money taken from us isn't an endless resource. When it runs out the economy goes haywire - and you're slap bang in the middle of a recession.

At present it’s not an elephant they don’t believe in? What if it was a lion, not an elephant?

Taking no evasive action would be extremely dangerous.

So let’s take it that the recession is like a lion. It might pounce. It might go away. But the wise person gets to a place of safety as soon as possible.

How can you and I get to a place of safety from the lion of recession? If you want to find out then send your name and address to gold@percydale.com.

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