SBA Email Booster Shots™ Booster #374
Small Business Advisors Ltd.

Mountains and molehills. The recent events in Washington clearly demonstrate how you can take an event that has seen the debt ceiling, which has been raised a total of 72 times since 1972, escalate into a complete crisis of confidence. This not just applies to the apparent intransigence of the politicians, who seem to forget that they are elected to do what is best for the country, but to the country as a whole with its normal spill-over effect to the rest of the world. You will no doubt have observed that the political process takes precedence over common sense and ensuring that the world remains confident in the ability of the US to govern itself. All countries which face significant financial issues have to ensure that they address the key issues rationally and not create crisis by taking molehills and turning them into mountains that cannot be climbed. At our individual levels how do we address the key issues that we might each face in such a way that we do not create crises of confidence in our own lives?

When written in Chinese, the word crisis is composed of two characters. One represents the danger and the other represents opportunity."

- John F. Kennedy

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