All posts by John Psarouthakis

drjohn11aDr. John Psarouthakis, Executive Editor of www.BusinessThinker.com, Distinguished Visiting Fellow at the Institute of Advanced Studies in the Humanities, University of Edinburgh, Scotland, publisher of www.GavdosPress.com and Founder and former CEO, JP Industries, Inc., a Fortune 500 industrial corporation

The Successful Business Acquisition Process – Step #4 – Building Credibility for Business Ownership

Credibility is a very important aspect of success in purchasing a company.  Many of the issues important to establishment of credibility for one constituency may also apply to some of the other groups.  Looked at altogether, the following issues are likely to help you to establish trustworthiness and believability in your proposed venture with the business community and the community at large: Continue reading

One Man’s Opinion looking ahead for 2010

Some predictions and my outlook for 2010.

At world level the role of demonstrations for justice and better living standards will intensify. In the social level, the aggregate anger will be manifested sharply and conflicts within societies will be more apparent.
The economic recovery will be weaker than what history indicates after a serious recession. Banks will continue to be cautious perhaps over copious in commercial lending.

Without another great shock the world economy will continue on the road of slow recovery, with the growth in GDP for 2010 be placed in 4% or less in the US.

Over all global growth will return in 2010, but will not be equal in all geographic areas.   The emerging markets will grow at higher levels than the developed economies. What should be heeded by investors is that the central banks must implement the correct policies to prevent “roaring” inflation.

A key for 2010 is not to continue with the bailouts adopted in 2009. The maintenance of the economic recovery will be enhanced by the government’s return again to the private market sector for sustainable growth.

The world economy in 2010 will make a deflationary recovery. Markets, with the help of the right monetary policies and budgetary restrains, will move upward. The key, however, in all this and in particular for the fate of the financial sector will be the   American market resilience.