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I was watching BBC4 yesterday

I was watching a documentary about Japan.  An English guy had been living there for a couple of years and he was giving his view of what life was like in the real Japan.

 

I thought I would watch it as we make such comparisons to Japan about:

 

  • 0% interest rates
  • 10 year recession
  • property price decline

 

and how we could end up like Japan.

 

The English guy was providing a voice over and he was asking a Japanese guy about his terrible working conditions.   The English guy then ended the scene by saying:

 

"All this is happening in the 2nd richest nation"

 

Eh?  2nd richest nation?  Is this not the nation that we all fear becoming?  I had to check out whether what this guy was saying was correct.  So I searched and I found out that he was correct!

 

So even all the doom and gloom they report about Japan it is actually the 2nd richest country in the WORLD even though it has been in a recession for 10 years.  Kind of does not make sense right?

 

The funny thing is as well is that it is a clear 2nd place.  So Japan would have to literally collapse to fall in to 3rd place. 

 

Have a look at the rankings.  It is a very interesting list.

 

It really got me thinking.  All this doom and gloom reporting stuff is not just misleading it is actually damaging.  It works like a cyclone.  The doom and gloom breeds doom and gloom.  Focusing on the bad breeds the bad.

 

I get a lot of criticism for being so positive about property.  Some think I am mad, some think I am trying to trick people and some even think I have difficulty accepting the eventual doom so I delude myself to feel better! 

 

Little do they know.  I am positive about property as there is no other investment that can make you the sort of money that I have and will make in the future.

 

So what are you going to do today?  Focus on the doom or focus on the boom?  No matter what anyone says there will be a boom.  That is for sure.  When? Not one soul knows.  However when you realise it does not matter whether you are in a doom, boom or any other oom it always works out in the end!

 

If you want to get some no money down cash flow positive deals then get in to contact.

Ajay


Posted on: 30th Mar 2009




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