Sunday, March 29, 2009

The difference.

The difference between this slowdown and past slowdowns?

Why is this slowdown so much easier to handle, and not anywhere near as stressful?


1.) A fully stocked store.

2.) Access to credit and lack of debt.

3.) Cash reserves to cover cash flow.

4.) Experience.

5.) Diversity.

6.) Proper budgeting.

7.) Less dated material.

8.) Sufficient warning.

9.) Less 'stupid' competition.

10.)Two income family.

4 comments:

IHateToBurstYourBubble said...

11) This one isn't over yet :-)

Duncan McGeary said...

Getting a little smug, aren't I.

I should always add the addendum....know wood. There but for the grace....things can still change.

Duncan McGeary said...

"know wood"

knock wood.

BENDBUST said...

This one has NOT even started yet.

We're like in 1981, and we got 1988 to look forward,

Your older and wiser dunc today than you were in 1986, ... so of course its easier, ... or you would not have survived.

I was most fond of 1983-1986 best of times, "If you had money".