50,000 people have been retrenched recently...
June 10th, 2015 at 7:00 pm +08Today while I was reading the online Today Papers,
I stumbled upon this article which cause a paradigm
shift in my mind.
Source: http://www.todayonline.com/business/hsbc-boss-prepares-axe-jobs-businesses-strategy-refresh?page=2
It's starting to happen...
You see... This are signs of economy crisis is coming or it's near.
I further do some more research online to see the recent crisis.
I found this.
http://www.economist.com/news/essays/21600451-finance-not-merely-prone-crises-it-shaped-them-five-historical-crises-show-how-aspects-today-s-fina
Year 1987 - Black Monday
Year 1997 - Asian Crisis
Year 2001 - Dot com Crash
Year 2008 - Subprime crisis.
These are the recent crisis. It's almost average of 7 years apart.
Now it's year 2015.
It's about 7 years apart since the last crisis in year 2008.
And here's the sign of BIG bank shedding 50,000 jobs.
I'm personally not an economist. But from the crisis trend
I see and analyse, I'm worried.
How about you?
Does your current source of income able to sustain your
lifestyle when the next financial crisis occur?
Think about it for a moment.
If your answer is no, I suggest that you start looking for an
alternate source of income stream now.
Start building your Plan B now while you are still getting
good income from your main income.
Now is the best time to start building your Plan B.
And tomorrow, I am organising a FREE 3-Hour Seminar
which I will show you how to create a 2nd source of income
during your spare time WITHOUT affecting your
current job / current business.
For more details, click here
See you in the seminar!
Talk soon,
Edmund Toh
Global eCommerce Franchise Business Expert
.