« It's tough at the top....... | Main | Go to the bottom of the class and stay there »

How to make money in a downturn Part 1

serendipity.jpgHerein begins an occasional series where I offer advice on how to make a little cash.

By the way, is it me or do I get the sense that a lot companies haven't woken up to the severity of the crisis we are in? A recovery this, and I think quite probably next year, is out of the question. We need to find new sources of growth to replace the US consumer who isn't going to start spending money again in the same volumes as before for a good many years.

Anyway, here is my handy tip: purely by coincidence discover one day that quite fortuitously you have priced your local product so high - way above international levels - that this has attracted competitively priced imports. Take advantage of this wonderful, joyouous happenstance, this glorious instance of serendipity and lodge an antidumping petition.


TrackBack

TrackBack URL for this entry:
http://www.icis.com/cgi-bin/mt/mt-tb.cgi/45822

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

About

This page contains a single entry from the blog posted on February 9, 2009 1:16 PM.

The previous post in this blog was It's tough at the top........

The next post in this blog is Go to the bottom of the class and stay there.

Many more can be found on the main index page or by looking through the archives.

Related Posts with Thumbnails