If you have been skimming the headlines on Twitter, Facebook, or your Google reader you might have seen a handful of post about an Olathe Agricultural Economist, Bill Helming, predicting a depression is looming.
Bill is making a dire prediction of a beaten-down stock market, a jobless rate at 12 percent, widespread debt defaults and a deflationary price spiral.
Bill has made many predictions in the past. Some of come true and other predictions have not. Will this prediction come true? Bill hopes not.
What do I think?
There are to many people that are seeing the writing on the wall and have been working on correcting the economy. Whether it is for themselves or for a group of of people.
I think for those people who have not started recession proofing their businesses, they will see very hard times. What do I mean? Technology has passed many people up and their are to many people who have not adapted to the changing times.
For those people who have a strong social network, this Kansas City Realtor believes you will see good times ahead.
How do you have a strong social network? You use social media to market, advertise and communicate your message with your customers. Doesn't it make sense that a business with 25,000 people in its network will probably weather the economy better than a business with 100 people in its network?
Businesses that have created a social media strategy to their business plans will weather the storm. Need help, contact a social media strategist or connect with a social media group like Kansas City Networking or the Kansas City Directory.
Bill is making a dire prediction of a beaten-down stock market, a jobless rate at 12 percent, widespread debt defaults and a deflationary price spiral.
Bill has made many predictions in the past. Some of come true and other predictions have not. Will this prediction come true? Bill hopes not.
What do I think?
There are to many people that are seeing the writing on the wall and have been working on correcting the economy. Whether it is for themselves or for a group of of people.
I think for those people who have not started recession proofing their businesses, they will see very hard times. What do I mean? Technology has passed many people up and their are to many people who have not adapted to the changing times.
For those people who have a strong social network, this Kansas City Realtor believes you will see good times ahead.
How do you have a strong social network? You use social media to market, advertise and communicate your message with your customers. Doesn't it make sense that a business with 25,000 people in its network will probably weather the economy better than a business with 100 people in its network?
Businesses that have created a social media strategy to their business plans will weather the storm. Need help, contact a social media strategist or connect with a social media group like Kansas City Networking or the Kansas City Directory.
Let us know what you think or add to our blog by writing a comment.
Blog post written by the Dowell Taggart Team of RE/MAX Best Associates
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