Finances. Everything about finances. Everything about doing business and how to run it successfully. Just for you out there who are wondering who am I and why do I feel competent to write about finances here is a little introduction.
I am an economist with dual masters degree in Entrepreneurial management and Lobbying. For years now I have been working as an analyst. So I believe my qualifications speak for themselves.
Now let's get to the point. Today the finances are at the core of everything. Every little thing is based on some sort of transaction no matter if we are talking about buying bread at your local bakery or if you are in the middle of multimillion company takeover - money is behind all that.
It is true that the economical crisis is still under way. When will it end? Who knows. Many are to blame, but in the end - we are all to blame.
People like spending money. They like to have every bit of commodity available to them. Do we need a new TV? Well.... Yes. Do we need the premium brand of pasta or the home brand one? Well... Yes. That is just that. If we can we will buy the more expensive stuff. If we can't... well there are credit cards, loans etc. That is the reason the shit literally hit the fan. We were spending more then we were earning. We are all to blame. The banks are also to blame beacuse they were giving out loans although they knew we will have trouble returning them. The government is also to blame because they didn't proscribe a law that forbids going over the certain limit in debt. But in the end - we are all to blame, and we did it to ourselves. What is the way out? I'll try and talk about it some other time. (ZY5BHPEMPAWZ)
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