Economy? What economy? Is there a viable one left?
Crazy week…every prediction has been wrong – until altered after the fact. Every so called “fix” has failed – at least so far; and, every time you were sure it wasn’t going to get worse — it did.
Unless you own a falafel stand in a high trafficked area (or its equivalent), you have felt or seen or watched the lethal fallout that emanated from Wall Street but has affected (or should I say) infected a good part of the world. On second thought, even if you had that falafel stand, it still touched you one way or another.
Much has been written about the causes of the fall from grace. Banks that lost sight of their mission, greed, poor bets, greed, incompetence, greed, greed…
I recommend going back and reading about why capital markets began in the first place – and the system of trust and value where reward was based on performance and company return – not on the deal – very illuminating – but not my topic for today.
I’m focused on frustration. We work hard. We create value for our clients. We provide an interesting and challenging and hopefully safe and fun workplace for thousands all over the world. We give back to our communities what we can and in general try to do the right thing.
And then this hits. We have no control over it. Yet, we are forced into action or more concisely reaction. We are caught in a maelstrom that is swirling above and below us and yet we still have to deliver – to our clients, to our company and to ourselves.
Some days it seems that the outcome will be what it is and no matter how we fight against it, we are helpless in the face of some pre-destined ending.
In fact I’d argue that the power of playing together – the multiplying effect of people, in concert, attacking the game as one – nullifies the rigged aspect of the game and makes winning that much sweeter.
In times like these, it’s easy to give up. It’s easy to say what can I do; what effect can I have; what difference can I make?
The bottom line? Never stop playing. Lots of people need your help – need our help – and are seeking solutions, a friendly face or outstretched hand, an idea, an innovation, a win.
Reach out; stretch; join in. Play. You’ve got to be in it to win it,