Personal Guide to Survive Credit Crunch 10 steps in 60 seconds. What to do in economic slowdown or recession keynote conference speaker and Futurist Dr Patrick Dixon

[pjvdixon]

These are tough times - and right advice still can be tough to take.

[DearMole]

i love this guy! finally someone speaking my language! i sold my car 4 years ago...been taking public transport ever since...thank god since i don't make much these days.....this guy is the best....relationships ARE the best :) thanks, mister!!!!

[Monetaryreforumadmin]

Don't listen to this guy. He didn't even see it coming.

Stop spending?! That's the problem - shrinking money supply.

Join the forum at secretofoz

[azerilady20]

most probably they were al using thieir little plastic freinds

[azerilady20]

its easy for you to say Patrick Dixon, most probably as your a Dr youve got loads of money and are paid a good wage.  you make it sound so easy but it is not.

[lpiuikk]

oh forgot to say am in the fuel buisness I sell oil ...good luck and keep spending the dosh its grrrrrrrrrreat

[lpiuikk]

no am not going to stop spending coz am loaded ha ha ha no honest am not kidding ,.we have never been doing so good my buisness is booming and its great .I do also feel my cash is worth a lot more now ,.so dont forget its not all doom and gloom ,.just use your brains there is winners when there are loosers ,just make sure your a winner .lifes never been so great

[spransky]

That's great advice. I love it. But , now all I have to do is get my wife and family to go along with this idea.

[234566tgvb]

Thanks for the information. I feel alot better now :-).

[Finnbar01]

'Consolidate those loans and add them to your mortgage where you can'

Absoulute madness! Does he not realise that most people who lose their homes, do so because they have so many other loans, including consolidation loans, on there mortgage? In times of difficult, people may be able to just about pay the mortgage but lose their home nevertheless because of consolidation loans.

[azerilady20]

agree with you totally

[Nederluv]

Number 11: Buy underpriced stocks (if you have some money left) to help the economy and come out of this crisis as a millionair xD

[pjvdixon]

Yes indeed - that is one of the main reasons to conserve cash - look for bargains of all kinds. See also my 60 second 4 point plan to help your business survive the credit crunch.

[MrPragmatism]

Instead of talking about how to budget, why not talk about the culprits behind this economic mess? Why not name some of the organisations who were responsible? Talk a little about the Federal Reserve and the Governments role in all of this! Talk about the dollar and what its REALLY WORTH!!! And talk about what we, as the public can do to ensure this NEVER happens again!

[5starrater1]

god bless you - great to hear something so positive.

[pjvdixon]

Thanks.  Patrick

[biantai888]

I already found it, but thank you for the immediate respose.

[iMBBonlyone]

i believe the plan was to offer us shiny clean atomic-powered flying cars, right? They had plenty of foresight. This is no surprise to some of us.

Put your treasure where neither rust nor time can destroy it.

[pjvdixon]

I agree.  Patrick

[biantai888]

I would like to hear your thoughts about the role emotion is playing now in the global economy.

[pjvdixon]

Huge impact - look at the video on this - top right turquoise box, list ALL VIDEOS. "how market fear and greed...."

[iMBBonlyone]

Your advice is so on target. Here's what you can do for us: Tell the gov't. to promote lite rail instead of building more toll roads.

[pjvdixon]

Ha! Well you have to do the sums. In Ealing W London, trams turned out to be vastly more expensive than buying more buses (same thing really).

[iMBBonlyone]

Really? i am not familiar with the Mathsemantics of that situation but lite rail seems like it would pollute much less. How can we save money or time by burning the future?

My comment was based on watching Texas over the last few decades.

[pjvdixon]

Problem with tram is weight and street strengthening including digging up and replacing all the sewers etc. Over 1 billion for a short run....

[iMBBonlyone]

hmmmm. i imagine it would get very complicated considering the nature of sewage.

[Nkatsikanis]

Interesting, I wasn't aware of this.

[pjvdixon]

Hi there - please do commment on this video with any thoughts you have - I read every comment. And also do rank videos as it really helps other people find what is helpful. Thanks Patrick