Posts Tagged ‘recession’

Emotion Rules Recession

Wednesday, December 24th, 2008

What I hope we’ve all learned from Mr. Rush Limbaugh, in case you didn’t already know it, is that recession and financial stress is optional. How so? Because recession, as with all economic ebbs and flows, is ruled by emotion. Yes, there are tangible market factors which can be pointed out to determine what is and is not a recession, but in the end history tells us that market turns pivot on one thing—the collective emotion of investors and consumers.

Nothing New

This is not a new concept, especially for those of us in wealth creation circles. We’ve heard this from such historical experts as Napoleon Hill and Wallace Wattles; we’ve heard it from modern experts like Jamie McIntyre and his contemporaries. For every major market turn, you can trace a line back to the fear and anxiety of the market that drives it.

Assuming this to be a given amongst us, the discussion turns to this:

What Can You Do About It?

You can do just what Mr. Limbaugh is doing.

Refuse To Be A Victim Of Recession

Create your own destiny by creating your own wealth. Educate yourself in as many ways as you can so that you have financial investment tools to use in every market; because really, every market creates an opportunity. You just need to be in a position to capitalize upon that opportunity.

The first and foremost thing that you can do about weakening economies is to develop the mindset of success that will see you through them. That is the basis of the 21st Century Academy. It is the basis because it is the foundation of financial success. Men like Rush Limbaugh, love or hate him, are proof positive. He maintains a mindset of success and well being. And he is successful and well-off.

The consumer or investment market cannot take your mindset away from you. Only you can do that. So, the markets cannot force you to be victimized by them. Only you can grant that permission, too. Refuse to participate. Refuse to be victimized. Insist on being a success in each and every economy throughout your successful life!

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 – 2008

Recession Participation Is Optional

Thursday, December 18th, 2008

In a recent interview, American political commentator and radio personality Rush Limbaugh was asked if he felt badly that he just signed a multi-million dollar contract and bonuses at a time when so many of his fellow Americans were struggling financially in the midst of recession. The assertion was that there maybe some inequity in that given the economic climate in the US, one that is currently affecting so much of the world, and he was asked for his response on the matter. His response was very matter of fact—no he did not feel guilty, he had no reason to; as for the recession, essentially his attitude was this:

What Recession?

Is this to say that Rush Limbaugh does not believe the United States is currently in a recession? That he is clueless to the current economic problems? Certainly not. It is only to say that on a personal level, Limbaugh is not affected by the recession. Why? Because it is his choice not to be.

Limbaugh said that the recession is of little or no personal consequence because he refuses to participate in it. He has worked for many years to achieve his success on his own, creating his wealth, not taking it from others. So why should he feel guilty for that? And because he has done that, he can choose not to be a victim of recession. Now, I am making no comment of support or criticism for or against Mr. Limbaugh, I am simply telling you this story to make a point:

You Do Not Have To Be An Economy Victim

You can also choose not to participate in recession or economic turmoil. Even if you are not Rush Limbaugh and you did not just sign a multi-million dollar contract to talk all over the radio waves.

You can refuse to participate in two ways:

1. Become financially independent by learning to create wealth.
2. Develop a mindset of positivity and success.

Economics is ruled by emotions. Take away the emotions of need, stress, and struggle, and you are left with wealth, success, and freedom. Those emotions don’t require a multi-million dollar contract, they require you. And you have all you need to recession-proof yourself right now.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 – 2008