Well in case you haven't heard the International Monetary Fund (IMF) on the weekend said that the recession is over. HARRAHHH!!
But wait. Now the bad news. Before you go jumping for joy, they've now declared that most advanced economies in the world are in a depression. So, now we can all start officially using the "D" word, and go on with life. Doesn't that feel good? I like getting rid of uncertainty. Instead of wasting energy on arguing what to call this economic period-recession? contraction, depression?, slowdown? we can move on to spotting all the opportunity windows that will emerge from all this chaos.
What's the cure for our depressed mood? a little humor
Stimulis: Because all economies have performance issues
Are you an economy with performance issues? If you find it hard to achieve and maintain growth, maybe Stimulis is right for you. Take Stimulis once every election cycle or whenever you're in need...
Too Funny !!!
Walter Derzko
Smart Economy
Toronto
Author of the soon-to-be-released book: Hard Times Golden Opportunities.. about opportunity recognition in a recession/ depression features 45 opportunity scenarios.
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