Another recession on the way - ready this time ?

Published: Mon, 10/05/15

Another week has gone by…


Hate to end you Monday on a gloomy note but….


It looks like another global recession is likely in the traditional economy. 


This time falling oil prices seem to likely to be the catalyst amongst other things. 


It’s a Catch 22 thing - You could argue that the internet played a part in the recession we are still in and the in the next big one on it’s way. 


After all internet business owners are able to offer cheaper prices because they don’t have the same overheads as traditional ones. 


That means that lots of traditional businesses go bust or if they’re smart and know what they are doing - they go online 


When things get tough people look to save money so  naturally as has been the case for several years now - they buy more and more of what they need on the internet - Catch 22.


We find better ways of doing things and at first that always means casualties. 


One day we will run out of oil - we know this so we have started looking at alternatives - already the demand for oil is decreasing. 


As more and more people realise that they can live better lives because of technology - more and more of them will. 


You need to think ahead here - be prepared for a world in which you will need to be more entrepreneurial - a digital world. Less traditional jobs, less traditional world. 


A very different world but a very exciting one I think. 


You can probably guess where I recommend you get those skills! 



Cheers



Dave 

 

 

Dave Menzies 
Building Yourtopia in the digital economy



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Dave Menzies
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