Tuesday, 26 May 2009

Interim Managers should reform parliament.

The banks have been stress tested, but our 'open and transparent' government does not want to release the findings. This is because there are many more bodies buried and the banks will need much more of our money to recapitalise them before this debacle is all over.

Another reason why this Great Depression has years to run yet.

The cosy conspiracy between our government and our banks continues, despite the dosh for duck houses scandal, our MPs still do not want to acknowledge that they are there as our servants.

Interim Managers should be let loose on reforming both our banks and our parliament.

Wednesday, 20 May 2009

The great crash of 08-09

This great crash now morphing into a great depression has stung stock market investors for half their nominal wealth.

Meanwhile the bear market in property is putting one out of every four homeowners underwater - soon to be nearly half, as property slides a further 50% plus.

So, expect banks to suddenly find their capital ratios have sunk - and they need much more taxpayers cash to keep floating.

Jobs for Interim Management experts in the banking sector should abound soon.

Are we all crazy

Only the Germans and Japanese make decent cars - so what are we doing propping up GM?

Only honourable banks like the CooP keep your money safe rather than speculating it away- so why are we propping up RBS and HBOS?

Why are we propping up the price of debt by borrowing and printing more money?

Let capitalism's creative destruction work please and create opportunities for truly efficient Interim Management.

Tuesday, 19 May 2009

Has the Great Recession started yet?

Not really for most people in work. But later this year we will see it really bite as the UK government and households divert income to pay down debt.

Many years of sub par growth will ensue and businesses will cut back labour dramatically leaving the opportunity door open for Interim Management. Any Interim Managers worried about the slowdown shouldn't- their opportunities will come soon.

Is it all over by Christmas

The FED Chairman thinks so- but he didn't spot it coming in the first place