Too Big to fail and Too Big to Fix – Unless You Make Correct Fiscal Decisions

What are you not facing up to now in your life or business? Better to face reality now while it can be fixed.

Or go the route of Greece, Portugal, even the US says prominent author, Jeff Cox. In his book titled “U.S. Debt, Default & Beyond: Financial Armageddon Is Inevitable,” he says the dominoes are lined up as follows: "Greece, contrary to popular opinion, not fixed. Portugal: next. Ireland's out there, Italy's out there and the Grand Daddy of all of them, before it gets to the U.S. anyway, is Spain. They're too big to fail and too big to fix."

The commentator in the link below suggests laying much of the blame on Washington and politicians. How much of the underlying cause is an unwillingness to admit to problems and work on them while adequate time exists for solutions, however painful they may seem at the time?

http://finance.yahoo.com/blogs/breakout/u-debt-default-beyond-financial-armageddon-inevitable-says-120012070.html

Before you smirk too much, get real and ask yourself this one question: What are you not facing up to now while it can be fixable?

If you do not know, that might be scary also.  “It’s not what you don’t know about your business. It’s what you don’t know you don’t know about your business, that can cost you your business.”  

The first step to dramatically accelerating correct financial and fiscal leadership decisions can be to admit the need to know what you do not know. Then solutions will appear for financial and fiscal problems.

 

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