The World Outlook in 2012 Looks Very Scary, Expect The Unexpected
Leaving behind 2011, we welcome year 2012. How does the world outlook in 2012? Daniel Franklin, the executive editor of the economist and Gerald Celente, the director of trend research institute shared their opinions about the world outlook in 2012 in the recent interview with Aaron Task, the host of Daily’s Ticker.
Daniel Franklin, The executive editor of The Economists said: “The world won’t end in 2012, but at times it will feel as if it is about to. Europe’s debt crisis and America’s long-term fiscal challenges need to be solved.
Gerald Celente, The Director of Trend Research Institute said: “Economic marshall law is coming in 2012. The greatest depression will start in 2012. European Union crisis will bring down the global economy.”
The world is going global and countries are interconnected by supply chain. What happens in one country’s economy affects the economy of other countries. China, India and other Asian countries depend heavily on the manufacturing industries and investment from US and Europe. The attention focuses on BRICs or Big Four countries; Russia, Brazil, Russia and India which are driving the world economy as well. The slowdown economy in Europe and US will bring down the global economy. We just hope that policymakers don’t make poor policies to worsen the world outlook 2012. The economic crisis will triggers social upheaval and the unpredictable natural catastrophe may worsen the situation.
It is true that global politics and economy situation affects the life of ordinary people. Jobs are no longer secure, our saving shrinks and the cost of living becomes more expensive. However, we can’t depend on politicians to make decisions for our life. We must learn to depend on ourselves. I see that solo entrepreneurs in Asia rise amidst the economy recession. There are few solo entrepreneurs who succeed and become richpreneurs. If you just take DO NOTHING attitude because of FEAR, don’t rely on government or somebody else to help you. You are responsible for your own life and you should DO SOMETHING for your life. There are more business models and ideas and jobs are created and they never existed before. You can start as a solo entrepreneur, be innovative and be creative. Use your strength and overcome your weakness by learning new skills. It doesn’t matter what the world outlook in 2012, don’t stop moving forward towards your goal. You will figure out how to rise amidst the economic recession by being a solo entrepreneur.
As always, I love to hear your comments about the world outlook 2012.