The relationship between optimism, pessimism and the economic downturn is a fascinating one. I’ve blogged before about how some American thinkers have tried to blame the recession on a surplus of optimism, untempered by the sense of realism that pessimism brings. Read more…
It’s not often one gets to say it but… I feel sorry for the Germans. Why should they have to pay up billions because the Greeks want to retire at 53 and get paid extra for arriving at work on time? Read more…
I spoke last week to a teacher whose husband’s employer was dealing with the recession by avoiding making excess stock, but taking real stock of staff training needs and using the down time to cater for them. At a time when training budgets are being cut along with everything else, I was dead impressed at the far-thinking of an owner killing two birds with one stone, as it were, by developing his existing staff at the same time as keep unnecessary production down. But, how else can businesses survive? Read more…
