Tuesday, December 09, 2008
Paranoiia as Strategic Asset
John Riddell's (at left) columns on business fundamentals in the Times Free Press (Chatta.) have delighted readers for years. This morning's offering stresses if you are now suitably unimpressed by the financial acumen of the folks who got us in our current predicament, and you're realizing that previously 'tight' money is getting even tighter, it's time to bootstrap your business through what, for the moment, passes for our economy. No need to relinquish your dreams, Riddell says, echoing Belmont Prof/Author Jeff Cornwall, who this morning offers the latest report on sentiment among NFIB members, which he believes suggests this recession will not be as bad as the "two other major downturns of the past half century."