Wednesday, August 10, 2011
Capital Markets Nose Dive -Headlines Everywhere, A Bloodbath
Every generation needs a revolution - an ENTREPRENEURIAL REVOLUTION.
The goal of entrepreneurship is value or wealth creation. However, we see discouraging news of wealth destruction everywhere. The top news sydicate reported a whopping $8.l trillion loss in market value of stock markets worlwide, all unnerved by twin events: downgrade of US credit rating, and jitters in Europe from Italy, Greece, Portugal and Spain all on brink of financial disasters.
In 2008, China was able to stave off the crisis by its pump priming efforts. The world looks up to China and Japan. But Japan is weakened by its tsunami disaster and Fukushima disasters.
Will the bloodbath in world capital markets stop? Will this affect the small entrepreneurs? Is small beautiful?
The goal of entrepreneurship is value or wealth creation. However, we see discouraging news of wealth destruction everywhere. The top news sydicate reported a whopping $8.l trillion loss in market value of stock markets worlwide, all unnerved by twin events: downgrade of US credit rating, and jitters in Europe from Italy, Greece, Portugal and Spain all on brink of financial disasters.
In 2008, China was able to stave off the crisis by its pump priming efforts. The world looks up to China and Japan. But Japan is weakened by its tsunami disaster and Fukushima disasters.
Will the bloodbath in world capital markets stop? Will this affect the small entrepreneurs? Is small beautiful?
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