Credit Lust Home - Understanding the credit crunch and how to survive it

INTRODUCTION

San Francisco Downtown This site aims to tranform the credit crunch from a threat into an opportunity or at least provide some useful tools and strategies to survive the next 24 months

What is the credit crunch?
Where has all the money gone?
What governments are doing about it and why?
What can we learn from previous financial crises?
What opportunities have been or will be created?

What the site does is take four different perspectives on the current market situation based on the roles described in Robert Kiyosaki's Rich Dad, Poor Dad

FOR THE BUSINESS OWNER What does the credit crunch mean for your business? Take steps to survive or even thrive over the next 24 months	FOR THE EMPLOYEE What does the credit crunch mean for your job? Increase your value to your employer to secure your employment.
FOR THE SELF EMPLOYED What does the credit crunch mean for your revenues? Position yourself in the right sectors where the contracts are still available	FOR THE INVESTOR What does the credit crunch mean for your investments? Its a great time to look at your investment strategies and how you are managing risk and reward.

Blog Posts

A PHP Error was encountered

Severity: Warning

Message: file_put_contents(./cache/79a70ecdd6d512ab1548cd310904a85e.spc) [function.file-put-contents]: failed to open stream: Permission denied

Filename: simplepie/simplepie.inc

Line Number: 8593

A PHP Error was encountered

Severity: User Warning

Message: ./cache/79a70ecdd6d512ab1548cd310904a85e.spc is not writeable

Filename: simplepie/simplepie.inc

Line Number: 1668

A PHP Error was encountered

Severity: Warning

Message: file_put_contents(./cache/25d5ca1c75ab8a149535969da83bf73f.spc) [function.file-put-contents]: failed to open stream: Permission denied

Filename: simplepie/simplepie.inc

Line Number: 8593

A PHP Error was encountered

Severity: User Warning

Message: ./cache/25d5ca1c75ab8a149535969da83bf73f.spc is not writeable

Filename: simplepie/simplepie.inc

Line Number: 1773

Does Fred Goodman deserve a £650,000 a year pension? 1 Mar 2009, 8:46 pm

Maybe, had Sir Fred Goodman retired two years ago when the price of Royal Bank of Scotland share was 705p and RBS was worth £65 billion, then a £650,00 year pension might have be understandable. At that point in time he had led the bank to a successful takeover of National Westminster Bank and pleased [...]

Step aside Prime Minister. The President will save the World 26 Jan 2009, 2:04 pm

Gordon Brown believes he may have saved the world last November with his global anti-recession package but it is time for him to step aside, and play Robin to Obama’s Batman to finish the job. [Sorry Gordon, it is back to being number two, which is where you perform best] Let’s look at Obama’s plan which [...]

It’s Official: The UK is in recession (and it’s a deep one) 23 Jan 2009, 12:05 pm

GDP falls steeply by 1.5% With today’s figures indicating that the Gross Domestic Product fell by 1.5% over the last three months coupled with the previous quarter’s drop of 0.6% meant that the UK is finally officially in recession after two quarters of negative growth. Here is the breakdown Construction output – down by 1.1 per cent Total production [...]