2/27/10

7 Must Read Success Lessons from Donald Trump

7 Success Lessons from Donald Trump
  1. Focus on the Present
    “I try to learn from the past, but I plan for the future by focusing exclusively on the present. That's were the fun is.”

    Yesterday is buried, and tomorrow is not yet born; the only progress that can be made toward success has to be done in the present moment, so I recommend that you focus all of your energies into making the present moment as productive as possible. If you don’t, your past will duplicate itself into your future.
  2. Fail Forward

    “Sometimes by losing a battle you find a new way to win the war.”

    Never fear failure, failure is the path to success. If at first you don’t succeed, then … that makes sense. Success takes time and it requires failure, through the process of failing you will discover how to succeed. Don’t fear failing, fear not giving your all.
  3. Think Big

    “As long as you’re going to be thinking anyway, think big.”

    It takes no more time to think big as it does to think small. Plan for big things in your life, there’s always room at the top for the person who’s willing to think bigger. Leave "little thinking" for people who want to accomplish little things, but not you. Success begins with thinking big.
READ MORE:
http://www.dumblittleman.com/2010/02/7-must-read-success-lessons-from-donald.html

2/22/10

Greek Crisis Fallout: Could the Euro's Days Be Numbered?

The frenzied betting by financial markets against the stability of Greek government bonds is a clear indication that many investors don't believe Athens will find a way to deal with its massive debt — at least not without an equally huge European bailout. But beyond the market speculation lies a longer-term question that is tormenting the 16 euro-zone nations: Could the Greek crisis be the beginning of the end for the common currency, just eight years after its first notes and coins were issued? Might the doubts and pressures that are driving the euro's value downward lead to the eventual implosion of Europe's most concrete achievement thus far? 

The responses, of course, depend on who you ask. However, it's clear that if levelheaded economic experts are even pondering the viability of Europe's monetary union, the situation is grave indeed. "This is a very deep crisis for the euro and all of Europe because what we have is a terrible debt and deficit problem that virtually all European nations share and no collective structures to deal with any of it," says Philippe Moreau Defarge, a European affairs expert at the French Institute on International Relations. "Europe is being forced to recognize it isn't as rich or as well-organized as it thought, and faces several long, hard years of finding its way back to solid ground." (See "Greek Tragedy: Athens' Financial Woes.")

And what about the future of the euro? "I think it's quite possible we could see the euro gone in several years — or at least reduced to a currency only used by France, Germany and a few small nations keeping it alive," says Bob Hancké, an expert on European political economics at the London School of Economics. "The problem is that monetary union was never followed up by political union to coordinate budget and taxation practices and create euro-zone institutions and capacities to help member economies adapt to changes and turmoil. The result is member governments are left very few ways to deal with the current attack on Greek debt and the severe pressure that it's putting on the euro."