Posts Tagged ‘Recession’

The Repo Business to Skyrocket in 09

With the down economy, there is one bright spot. With every downturn, there is always an upturn, EVERYWHERE. This has been proven century after century. For 2009, with the layoffs just starting to occur, there are many jobs being lost. The worst part, after you lose your job, there isn’t another one at another company waiting for you.

During this time, you see an increase in personal bankruptcy and depression. There is a small percentage that come out of this better than before. They are in a more fulfilling career as a self employed individual. One area is highly benefitting from this downturn is the good ol Repo Man. Repossessions are slated to increase dramatically from last year. Property, assets, cars.. the list continues. If you’re a good repo man, you can find pleny of work this is quite rewarding. However, be careful, you will most certainly need to carry a weapon. You will come across some individuals that do not want to give up their assets. But if you’re smart, and do your homework, you can get some easy cash in this business

Google Destroys the Street – Google is the Web King

Google is that company that amazed us all. They have over 60% of all searches that occur online. They get a HUGE part of their revenue from Adsense and Ads that are clicked on. We all know that the keywords are getting VERY expensive. Most of the advertising budgest come from fortune 1000 companies. As the recession is lead by the comsumer, it effects the entire cycle. The financial company layoffs along with the profts being cut, advertising budgets are the first to go.

However, Google still destroys the street. Eventhough paid clicks only grew 20% year over year, they beat the numbers in all aspects. One major benefit is Google’s ability to be a player in the international space. 51% comes from international customers. Goes to show  you tech is more than fine. Intel, IBM, now Google. All great numbers.

There might be more to this than the recession. All consumers know to filter out advetising. Its natural, its a learned behavior. This is also true with all search engine “blue box” ads. Many users know that someone paid to be their, and feel that these results are not NATURAL. Many users prefer actual results done by Google that are NOT paid.


Super Ad

Looking for Work? Don’t Expect Common Courtesy!

Recession is here. Jobs are hard to come by. Employers and Companies have an EXTREME upper hand. What we are seeing are people with 15 years experience looking for jobs that require 7-8 years experience. We are getting a truncation of candidates taking lower level positions.

This is great for companies. They get to obtain some amazing candidates at a discount. The frustrating part is the lack of courtesy by these companies. For anyone going on interviews should understand this.

First, you are shoved into a database (such as monster.com, hotjobs.com, etc). When you are able to get an acutal interview (many of which are taking 3-4 hours), don’t expect to get an email or phone follow-up. There is ZERO communciation from corporations these days towards candidates being interviewd. Its apparant that they moved on to a different candidate, but not even a simple denial email.

What we need is the shift in marketplace back to the employee. Its going to take some while, but the lack of followup is ruining the system!

Bush Booed when Throwing Out First Pitch of Baseball Season

We all know the popularity decline that Bush faced over the past couple years. Even so, I was extremely shocked to see that he was booed when he threw the opening day baseball. With Clinton, Obama, or Mccain as the heir apparant, I feel that Bush was a product of his era. Will the next president be booed. I’m sure he/she will. After all, the new president will be going into office with a US recession that will effect the international markets for their entire term.

You Paid How Much for a Slice of PIZZA ?

The government is barely accepting we are in a recession. Now, we are looking at inflation. But of course, this isnt as important. Or is it? Look at a slice of pizza. I paid $3 for a small dingy slice of pizza. Three Bucks! This exact slice was $2 last summer. In less than a year, it rose $3. But Why? Lets take a deeper look.

Pizza consists of flour, cheese and sauce (to keep this really simple). The price of a bag of flour went from $7 to $28 in less than a year. The price of cheese has also dramatically increased. This pressure has caused small and big pizza places to up their prices. Now, wait until the summer kicks into gear. We have high gas prices, high food prices. This becomes a cascading effect where everything across the board gets raised.

So what can we do? Not much now can we. We cant save our money since interest is so low. At the same time, getting a job is taking MUCH longer than usual. You have consumers dipping into credit and raking in more debt. Debt when they are having issues paying their mortgage.

With the meltdown of Bear Sterns, things calmed down a bit on the stock market. In my opinion, this is nothing but the calm before the international storm. Its a storm where price increases has a global effect. One in which every country on the globe will feel the pain.