Subscribe: RSS Feed | Twitter | Facebook | Email
Home | Contact Us

So Many Questions

Posted by Larry Doyle on March 7, 2009 10:52 AM |

question-cubeIn the midst of any storm, one wonders what the landscape may look like when the dust settles. Well, our current economic tsunami is no mere rainy day at the beach. What will the landscape look like on the other side? Let’s ponder some of the questions we need to ask as we navigate forward:

1. Which companies will no longer exist as currently formulated?

2. Will companies become smaller, more simplified, with less financial engineering?

3. How will regulation of the financial industry look? Could it have a global basis? Will national interests prevail over global demands?

4. Where will the DJIA be on March 7, 2010? March 7, 2014?

5. What will the unemployment rate be on those dates?

6. What will Obama’s approval ratings look like on that first date? Which Obama program will be deemed successful?

7. Where will housing be one year out? How about five years out? 

8. In the world of international relations, will this crisis bring the world together or push it apart? Will the economic instability lead to greater social unrest which leads to political instability? If so, where? How extensive?

9. Will we lose a generation of investors? How will the asset management industry be reformulated through this storm? Which companies will seize opportunities, provide stellar products and services and grow? Which won’t?

10. Will our nation truly recapture a sense of values, decency, and integrity or is that mere talk?

11. Will the birth rates for children borne to single parents change?

12. Will school performance improve or will our urban dropout rate remain at 50%?

13. Who will become the leader of the Republican Party?

14. Is there any chance of a legitimate 3rd party developing given the massive chokehold that the two party system filled with lobbyists’ money currently has on our government?

15. Who will be the new enlightened entrepreneurs that develop new products and markets?

16. Are our nation’s better days behind us after 235 years since our birth? Are we “more talk, less action” and resultingly a fat and lazy nation? If we reviewed rates of obesity in our land, one can make a very compelling case. Has that mindset permeated our culture?

17. What will the rate of inflation be a year from now? 5 years from now?

18. Will we ever deal with the rampant problems involved with illegal immigration?

Has there ever been a point in time when we have had so much uncertainty on so many fronts? The markets are a reflection of so much of this uncertainty at this point in time.

What questions do you have? 

LD

  • lizzy

    You have posed some interesting questions LD. I attended college in the late 60s and now I have been auditing classes as a senior citizen. The experiences are quite different. There seems to be a greater emphasis on multi media presentation which seems to dilute the impact of a professor’s lecture. There seems to be extraneous information included and less fact. I was surprised that things have changed so much. I worry about critical thinking skills of students.

  • Larry Doyle

    Lizzy,

    Our country’s educational rankings are not good relative to the industrialized world. I believe we rank somewhere between 15th-20th.

    Ultimately water does tend to find its’ own level.

    The urban dropout rate is 50%. That is unacceptable. Obama understands that and I think he wants to address it aggressively but he is hamstrung as to how aggressive he can be by a massive bureaucracy. I know that in major cities in the Northeast you can’t send your kids to the public high schools. Unfortunately if that is the only option it presents a real trap!! Inner city families are clamoring for vouchers, charters, access to suburban schools as a way to break out.

    It’s a real problem and ultimately a drag on the economic productivity of our country. .

  • thinkaboutthis

    Lizzy and Larry,

    I was just watching Fox and they had Barbie’s 50th birthday in the box. She now comes with tatoo’s able to be applied. Years ago this would have been unthinkable. Years ago men that had tatoos wore long sleeved shirts to hide them while at work or lost the job or did not get it in the first place. Now, it is considered a rite of passage. This yer ‘too’s, next year –nose rings– ‘You’ve come a long way baby’. — lol

    Liz, critical thinking skills have been muzzled for a long time at so many levels. Of course, depending on what your major would be may dictate an increase/decrease of the use of those skills.

    There are several changes that lend a more complex world. One is the lifespan has increased, therefore more generations are competing for space and utility. Two is the technology and mass communication has developed exponentially. These two elements alone will create a major challenge for economically balances.

    Awhile ago I read an article that said most of the stores would shut down and do business online only. I believe this collapse of the market –and I do not understand the market by any measure— will prove some of that to happen.

  • Larry Doyle

    In regard to the tattoos, in my opinion, that is a reflection of the prison culture/gang mentality that has grown significantly in our society.

    Not a big fan of that.

    Thanks for all of your insights!!






Recent Posts


ECONOMIC ALL-STARS


Archives