In the wake of the financial crisis, tremendous government support went to financial institutions such as banks. Those companies took years to rebuild balance sheets, slowly work off bad debts, and get back to normal. In the Covid crisis, by contrast, direct stimulus to everyone, plus extended unemployment benefits plus extra funds to small businesses. The result? Money everywhere, all at once.
That may be why inflation is now showing up everywhere too. Created money going to everyone rather than through the banking system has gotten it into as many hands as possible – whether it’s been needed or not. While bailing out the banks may have taught them not to worry about risks, we’re now primed to expect a bailout of everyone in the next crisis. The shotgun approach worked better politically than a targeted approach, but we’re still figuring out the costs.
Now here’s the rest of the news:
Homebuilders Are 4 Million Homes Behind –Chris Igou,True Wealth
To say there’s a housing shortage is an understatement … there are more buyers in the market than there are homes by a wide margin. And last month, we saw another sign of that imbalance. Mortgage finance company Freddie Mac recently came out with a shocking number. Homebuilders need to build 3.8 million single-family homes to meet current buyer demand in the U.S… marking a 52% increase in the housing shortage since 2018. That’s a huge jump in just a few short years. And it highlights how extreme the imbalance is in the housing market today.
The Lumber Market Delirium –Peter C. Earle,AIER
In the commodities futures markets, lumber has typically been among the most quiet. Here’s why that once-sleepy market is up over 450%… [Read Here]
May 11, 2020
Maybe … just maybe ‘we’ need to rethink this!
Just maybe ‘we’ need to rethink this … maybe!
May 11, 2019
How To Deal With Haters
Don’t Listen to Naysayers.
Achieving a successful life of significance isn’t easy. It’s a constant uphill climb, and along the way, you’re sure to cross paths with your fair share of naysayers, or what the cool kids call haters or trolls. As a matter of fact, having a contingent of haters is probably a good sign that you’re on the right track. But even though it’s normal doesn’t make it any easier to deal with the doubt and soul-sucking negativity. If you’re human, any shadow of a doubt can deter you from leading the life of significance that you were born to live. Since entertaining the negativity of naysayers can stall, if not completely thwart, your progress, we wanted to share 7 top ways to deal with haters and forge ahead for success!
Maintain a clear vision. You have to make sure your compass is always pointing in the right direction. You’ve got to have goals, baby. A clear vision not only provides the ultimate litmus test, it also helps keep you centered.
Keep haters in perspective. We have a tendency to focus on the negatives. Instead of reflecting on all our successes and the countless votes of support and encouragement, we tend to think about that one negative voice. Block that out, and instead, highlight the bright spots.
Not everyone with a different viewpoint is a hater. When we view everyone with a different viewpoint as a naysayer, we’re selling ourselves (and them) short. Constructive criticism is tremendously important for personal and professional growth, and sometimes, the people who tell us what we need to hear (but don’t want to hear) are the folks who care for us most.
Don’t apologize to haters. You may think that haters will go away if you apologize, but that’s like adding fuel to a fire. To them, apologizing means they win, and not only don’t they deserve that, it also means they’re likely to heat up even more.
Don’t let past hurts and fears influence your reaction today. If you were ever bullied as a child, there’s no question that insecurities can impact how you feel today when met with naysayers. Learn to look at what is happening through your mature, experienced adult eyes — not your hurt child eyes.
Keep a “success file” for those tough days. Some days are harder — much harder — than others to deal with criticism. These are the types of days when a success file comes in super handy. A success file is a place where you keep positive, encouraging notes, emails, cards, letters and the like. These are affirmations that can help remind you that the good far outweighs the bad — so much so that it’s laughable.
Feel empathy for haters. Unfortunately, most naysayers might appear to be pathetic, sad, lonely people who can only feel something by bringing others down. It may seem odd, but lift them up, as you may not understand what they are going through, send them love and hope that things will get better.
Make it a great day!
May 11, 2018
Work Smarter, Not Harder
We get it. Creating content consistently is a lot of hard work.
And trying to run your business while writing killer marketing content can make you feel like there’s never enough hours in the day. But what if I told you there was a proven way to create tons of content and automate your workflow — while saving time and money?
The trick? It’s called batching.
Batching is a tactic used by some of the most successful marketers. It lets you maximize your focus on one task at a time and accomplish a lot in one sitting. Here’s how you can use batching to write fantastic emails your audience will love.
- Spend one day planning and outlining your monthly email content.
- Spending another day writing and editing your email content for the next month.
- Finally, schedule your monthly emails and set up automated campaigns to deliver them.
With AWeber Free, you can automate your emails to send at a predetermined time. Or use Campaigns to set up a series of emails to deliver to your audience.
May 11, 2017
Shared thoughts better be backed with a legal disclaimer!
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I’m about to purchase a few shares iShrFTSE/China. The ticker symbol for iShrFTSE/China is FXI on the New York Stock Exchange and is currently trading for $38.56 USD.