Tuesday, October 28, 2008

Positive Reinforcement

This just in......The economy is in the shitter. Maybe you have heard.

Now take a deep breath and lets start to think about this a new way.

The world is not ending, there are still a number of positive stories out there that are very good for the economy.....they just aren't getting as much press because the negative stories are grabbing peoples attention more, which means the media is much more interested in telling us about them (see my previous post about wildfire).

Here are a few positives that I have heard over the last little while:
  • The Canadian dollar is getting hammered (Negative). However out of this comes some positive also. The movie industry in Canada just got a lot more interesting to american companies, could this be the re-emergence of Hollywood North? What about tourism? With our dollar dropping every day a trip to Canada starts to become a bargain once people start travelling again.
  • Housing prices have plummeted. Well guess what, they weren't affordable for the younger generation before and everyone has been waiting for them to come down. Now this generation that is invigorating the work force and business in general will soon be investing in property as the prices fall to a level that works for them. That sounds like a good thing for the economy.

Let's start spreading some of the good stories, because that is another way we can help ourselves get out of this situation. With more positive reinforcement people will be more willing to contribute and help build the world economy back up. But until then the more and more negative we get the darker the world appears. So share your positive perspective on the economy here.

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