Possibilities of a Falling Economy


    It is surprising when we see all the possibilities available with the actual problem of a falling economy.

    At one hand it seems that stability in a job is no longer possible, and even if someone have such stability, the continuous reductions in pay rate, benefits, etc. make the future a “little” obscure.

    Yet, if we consider that, together with the problems people are facing these days, also there is a new set of possibilities for those who dare to take the problem of this situation in their hands.

    For instance, no longer can someone rely in society structure to receive a comfortable way of life just by integration, but rather the time has come to become the builder of the system around oneself and, unfortunately, somebody else’s despair could and will become someone else’s advantage.

    When services had a set cost under the policy of “take it or leave it” (I have enough business), you had to have more money to spend in such services. Nowadays, with less and less business available for the many companies struggling to survive, the reduction in charges and “great deals” has become part of everyday life.

    When just a couple of years ago a car dealer negotiated between 6 and 18 percent interest rate (depending on credit score) as a normal rate, today is more and more common to find zero percent interest for 60 months (five years) as a way to just get some sales.

    When restaurants used to charge between 18 and 30 dollars a dish just five years ago, today they have reduced their prices (and sizes) to 7 to 15 dollars a dish. You just receive a smaller amount of food in the dish (which should be good to fight the long accumulated overweight!).

    When companies like landscaping didn’t go out of their specialty and didn’t reduce their prices, today they are willing to even do wall repair inside your house for a discounted amount. Anything these days to just remain alive!

    Houses that used to cost a huge amount of money are now reduced to half their original price. The areas where I deliver, when houses used to cost one million dollar, now are for sale in half a million, even after their owners spent lots of money in many improvements after moving in.

    So what would happen to someone who discards the traditional way of employment and get into creating a small business in his/her area of expertise?  He/she doesn’t have to make a ton of money, but just a stable, decent income to take on the benefits of the falling economy that is affecting so many business, and with it, have a chance to live better than before with even less money than what was required just a couple of years ago.

    I’m not saying it is a good thing what’s happening these days to so many business that are struggling to survive, but under the actual condition, it is possible to those who take the challenge, to reach an even better financial situation and way of life that they could achieve before, when the economy was stable and growing.

    Of course, not everyone will succeed in reaching an independent way of generating money, so many more will have to remain in the employment system and adapt to the changing down condition of life that the actual economy is going to.

    “The struggle of the majority becomes the advantage of the few who dare to think and act out of the box.”


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16 Responses to Possibilities of a Falling Economy

  1. Sara says:


    This was an interesting post. At first, I didn’t want to read it because I’m so tired of hearing about the economy and it has a major impact on how well I live.

    However, I really enjoyed how you closed this article about the challenge of these times and how some will step up to challenge and “think outside the box.”

    Well written and I’m really glad I read this post:~)

    Raul Ojeda Reply:

    Hi Sara,

    Think of it as a positive thought for Monday :)

    Raul Ojeda´s last post ..Possibilities of a Falling Economy

  2. Kelvin Kao says:

    This shows some characteristics with how deflation is described. Prices go down. You can get more with less money. But usually when deflation is discussed, it’s usually about how the profit margin is minimized, manufacturers will have no reasons (or cannot) afford to expand. They might cut employees to cut costs. Then fewer people have jobs and money. Prices must come down again, and it’s a dangerous spiral that we are trying to avoid.

    But true. It’s also a good time for individuals to venture out and generate income in unconventional ways, especially if bigger employers are laying off people. Don’t know what the outcome will be, but it will definitely be different from before.
    Kelvin Kao´s last post ..Channeling MacGyver

    Raul Reply:

    Hi Kelvin,

    The money doesn’t disappear, it just changes hands. When it used to be almost fairly spread among people, now it’ll go to just a few who will get wealthier, while the majority will become poorer. This has happened before in other places, so looking at what changed somewhere else you’ll see what is going to happen in the US.

    Raul´s last post ..Possibilities of a Falling Economy

  3. Hi Raul,

    Being self employed in the construction industry, we were hit badly in our area. Not only did we have to reevaluate our pricing structure, but we diversified, as well. Just like you said, now when you hire a contractor, they’re often offering more than just one service which could result in a savings for the customer plus a boost for the contractor’s business.

    Thinking outside the box is truly the key to survival in this down economy.

    Having said that, I’ve also noticed how the down turn has inspired businesses to be more creative and efficient, so in that sense, it’s not all bad.
    Barbara Swafford´s last post ..Friends- Followers and Buddies

    Raul Reply:

    Hi Barbara,

    Sadly, when the economy was good, big business didn’t need and have much efficiency. Too many employees for tasks that could be performed more efficiently by a few.

    The hourly pay system also contributed to paying for presence rather than work performed, which is in itself an inefficient system.

    The advantage now is for the smart entrepreneur that can provide a service or product in a more efficient way, thus reducing costs and final price of such services and products.

    Ingenuity, application and positiveness will (and is already) shaping the trends.

    Unfortunately those who desire to “subscribe” to a company and just by being present everyday get a paycheck, will have to adjust to live with less and less. It is hard to accept, but it’s reality in most places of the world, and it is what will become in the US.

    Thank you Barbara for your input :)

    Raul´s last post ..Possibilities of a Falling Economy

  4. Joy says:

    Hi Raul,
    I almost didn’t read it either..but I’m glad I did! I love your challenge–find the bit of good and grow it..dare I say take this opportunity to allow your dreams to come true…
    Thank you for your insight! Very affirming for me since I’m creating a new life for the children and I with a new business.
    Joy´s last post ..Time to Get Funky With It !!!

    Raul Reply:

    Hi Joy,

    Although it was easier before to create a business when people had the money to pay for services and goods; it also allowed for many small business to be created under inefficiency and lack of business knowledge.

    Today, those who dare to go the extra mile to be better, more efficient, do have a time frame to more easily get ahead of even big companies. After some years and the new trend become established, it’ll become more difficult again.

    Time is perfect for many! Go ahead; you can make it happen for you and your children! :)

    Raul´s last post ..Possibilities of a Falling Economy

  5. Raul,

    I like the upbeat tone of this post! Where I live in california, unfortunately some of it is not true. Credit cards rates have gone up, limits are going down. Groceries are expensive and good people are losing houses and someone is still getting richer.

    I think that people have start to believe in cash flow and not use credit as much as they used to, which is a good thing.
    Zengirl @ heart and mind´s last post ..Meaningful Happy Holidays From Heart- Not Wallet

    Raul Reply:

    Hello Zengirl,

    Yes, credit cards use would be madness at this point, so it is a good thing that cash is starting to be used now. Somehow living reality rather than a dream of wealth based on credit.

    One of the many good things of these complicated times :)

    Raul´s last post ..Possibilities of a Falling Economy

  6. Tony Single says:

    Things aren’t so rosy now, that’s for sure. No job security, no financial security, no security whatsoever. I guess this is the kind of thing that prods one into relying less on the system and more on the possibilities from here on in. You’re absolutely right in that things aren’t ever going to be quite the same since the GFC. Thought provoking article, Raul.

    Raul Reply:

    Hi Tony,

    Maybe now is a good time to start trusting in what one can do, rather than leaning on the system to provide security. Somehow a time to grow up.

    Raul´s last post ..Possibilities of a Falling Economy

  7. Aaron Fuller says:

    “The struggle of the majority becomes the advantage of the few who dare to think and act out of the box.”
    Most people tend to place themselves in a very secure situation wherein they forget how to try something new for their own benefit in the future. That fact has a great impact why they rather choose to become employees than entrepreneurs. Because of their fear not to pay their bills, not to provide enough amount of money for their family needs, etc.
    Aaron Fuller´s last post ..Reverse Phone Number Lookup

    Raul Reply:

    Hi Aaron,

    As an entrepreneur a person has to deal with many elements to obtain success, but the same happens with being an employee. Now someone who prefers to remain an employee has to become more efficient in his/her performance in order to be more “eligible” to retain a job, compared to what used to be before.

    It is not about becoming self employed…its about become more efficient, being as an entrepreneur or a lifetime employee till retirement. There’s no need to become self employed to sort the coming future, but just to become better.

    Thank you for stopping by and contributing to the conversation :)

    Raul´s last post ..Money Versus Ingenuity

  8. There are deals to be had if you have any money left to take advantage of them. Job security no longer exists. Businesses will do anything to cut costs and that may mean you lose your job even if you are performing well. It happened to me when I got laid off last year. I survived a few rounds of cuts, but after the first round they had cut the non-performers and went on to have another four or five rounds of layoffs. These folks were hard working, yet they had to be cut so the corporate machine could survive.
    Eric | Eden Journal´s last post ..Reality Check- The No Gift Christmas and Donations to Charity as Christmas Gifts

    Raul Reply:

    Hi Eric,

    The perception of reality will have to change drastically in the US. It’ll be a completely different kind of life, with different values, activities, entertainment, etc. If you look at the customs of third world countries, and the way they live, you will have a glimpse of what’s a possible future for the US. Coming from a South American country, what’s going on here is very similar to what happened in Chile after 1973.

    Now, it doesn’t mean things will be bad…just different, with different values and possibilities. The problem is that the US experienced a continuous growth for the past fifty years; so many generations cannot conceive living without the material part of modern society. I’ll be posting about these differences in future posts.

    Raul´s last post ..Money Versus Ingenuity

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