Such an interesting topic the dollar slide is. So hard to truly understand, but in a lot of ways very understood.
For me, this slide is not unlike a slide in a given companies stock price. In this measure and in this decline we see truly, on a grand scale, how America is losing in this global community and global market.
It all comes down to competition does it not? Let me share with you what I feel is the closest parallel to the situation that we are seeing with the US dollar:
My former workplace was Oracle Corporation. You may have heard of it and may even know something of its enigmatic leader, Larry Ellison. Well, the truth was that this company in so many ways had the best products (arguably still does in the database arena) and also a vision that was hard to rival by its contemporaries.
Even though it was bringing in good numbers over the years the stock has stagnated for the most part (went down to $7 and has hung around the $11-14 range for a while). Why is this? The company still has a good position and could yet pull out of it right? The stock could again become a darling.
But what is the reality of our world? Ups and downs, yings and yangs. When this company was up it had some of the greatest products and some of the greatest people and did amazing business. Where it went wrong though is not recognizing the fact that companies, people, even countries have ups and downs and that one has to work hard when you are up or when you are down.
You have to work hard all the time you say. Well, this is a different type of work. One has to work to make others want for you to be up again. One has to work to form this team behind you. The larger the team pulling for you, the better it is and the easier it is to be up again.
Do we as America have this right now? I really don’t think so. I personally think that we are like that guy on the basketball court who just a game ago was demanding the ball each time and sticking it and dunking over everyone, but leaving teammates (and opponents) hanging in different ways and now we’ve gone just a bit cold. The three ain’t dropping and damn if the legs ain’t just a bit tired.
Is anyone there to lift us up? Anyone want us to get back on our game? Anyone want to throw us the ball?
No, because we have isolated ourselves in so many ways. We are MJ, now.
For me, this slide is not unlike a slide in a given companies stock price. In this measure and in this decline we see truly, on a grand scale, how America is losing in this global community and global market.
It all comes down to competition does it not? Let me share with you what I feel is the closest parallel to the situation that we are seeing with the US dollar:
My former workplace was Oracle Corporation. You may have heard of it and may even know something of its enigmatic leader, Larry Ellison. Well, the truth was that this company in so many ways had the best products (arguably still does in the database arena) and also a vision that was hard to rival by its contemporaries.
Even though it was bringing in good numbers over the years the stock has stagnated for the most part (went down to $7 and has hung around the $11-14 range for a while). Why is this? The company still has a good position and could yet pull out of it right? The stock could again become a darling.
But what is the reality of our world? Ups and downs, yings and yangs. When this company was up it had some of the greatest products and some of the greatest people and did amazing business. Where it went wrong though is not recognizing the fact that companies, people, even countries have ups and downs and that one has to work hard when you are up or when you are down.
You have to work hard all the time you say. Well, this is a different type of work. One has to work to make others want for you to be up again. One has to work to form this team behind you. The larger the team pulling for you, the better it is and the easier it is to be up again.
Do we as America have this right now? I really don’t think so. I personally think that we are like that guy on the basketball court who just a game ago was demanding the ball each time and sticking it and dunking over everyone, but leaving teammates (and opponents) hanging in different ways and now we’ve gone just a bit cold. The three ain’t dropping and damn if the legs ain’t just a bit tired.
Is anyone there to lift us up? Anyone want us to get back on our game? Anyone want to throw us the ball?
No, because we have isolated ourselves in so many ways. We are MJ, now.
