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New Growth

Posted on July 10th, 2010 by Richard. Categories: Market Conditions

Economically speaking, we’re not used to standing still here, let alone go backwards. We have a heritage of new growth and improvement that dates back to our very beginning as a nation, state and city. The lone exceptions that stand out were the 1930′s depression era, and far less dramatically, the last 2-3 years of negative or stagnant growth. Roosevelt got it right that the only thing to fear was fear itself. Perception…that’s the key. In both of these times, big business got out of control and let us all down, and big media played right along and drove the story until we collectively believed the worst.

Lesson to be learned? Again and always…perception is reality. Stay strong and positive. Listen to the media with a healthy sense of skepticism, realizing that they are in the business of creating a product. It’s main goal is to increase revenue from selling advertising, not especially to inform correctly. They’ve learned that the more dramatic the sound of their message, the more people will turn to look their way. Better ratings equals more advertising clout. I’m always skeptical of others who describe what the world is or will be when they make money doing it.

New growth is inevitable. People inherently want to grow, improve and be happy. It’s our nature. Follow your heart. Intend the world that you want and it will materialize and grow.

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