Willie Jolley is the host of the Sirius XM talk show, The Willie Jolley Wealthy Ways Radio Show, a motivational speaker and the author of the new book Turn Setbacks Into Greenbacks. I agree with much of his sentiment in this clip with my friend Aron Task (hat tip: Dave). I think stocks may get quite a lot cheaper yet before they will present an exciting buying opportunity.
But I agree with Willie’s comments about people needing to break out of doom and gloom and victim mode to find creative ideas, and practical steps to find our way through tough times. Instead of trying to make quick bucks in broken financial markets, people should focus now on building their own skills, talents, and self-discipline. Tough times will be the making of those who do.
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A period of “doom and gloom” is needed if we are to (collectively) move past the false sense of hope that has been created by TPTB. Surely acknowledging the reality of our economic situation and moving beyond a false sense of hope is a cornerstone of your message over the past four years Danielle? I believe this post is very premature – most folks [in Canada] have just now finished borrowing their brains out and are still in denial.
Being convinced the west is a long, long way (a decade or two) from any real solution to its economic woes, we have had to “reset” to new “levels” and adjust to the “new normal”. SIRP works for me right now supported by a daily dose of good sense from Danielle Park; most of the time.
Thanks for caring and for all you do D.
Presenting The Broke Bureaucrat Babel Fish: The Ten Most Misunderstood Euro Phrases Translated Into Americanish
http://www.zerohedge.com/news/presenting-broke-bureaucrat-babel-fish-ten-most-misunderstood-euro-phrases-translated-americani
“…..people needing to break out of doom and gloom and victim mode to find creative ideas, and practical steps to find our way through tough times. Instead of trying to make quick bucks in broken financial markets…………”
Now if only the politicians and banksters would adopt that philosophy….. but I doubt it. When you look at the idiocy going on in Europe (elsewhere too) right now you gotta believe that those “in charge” are going to drive the financial system right over the edge. I used to think the Armageddon types were just a little crazy………..now I’m not so sure.
I’d say that even if we do everything right, we’re at least a generation away from solving our problems.