November 18, 2016 — It is believed that the future is difficult if not impossible to predict. And that assertion is correct when it involves unknowns such as an asteroid that hasn’t been detected by astronomers yet at 56,000 miles per hour it’s hurling through space and time on a direct collision course with earth. But when armed with irrefutable facts the probable outcome of other events is a bit easier to anticipate such as for the foreseeable future gold will continue to be in demand for various uses, including investors having the precious metal representing a percentage of their portfolios.
So Here’s The Scoop: What does all that have to do with Timeshare? Well, with the U.S. electing a new President who will soon take hold of the reins of power and having the majority of both Houses of Congress being members of his party and the probability of the President’s soon-to-be-announced Cabinet choices, then looking at what may likely happen in 2017 and beyond might not be that much of a challenge.
I can say that without getting all ‘political’ because the fact of the matter is that when any new President of any Nation is elected and regardless of their party affiliation basically only three (3) things and outcomes are pretty much 100% assured.
And by ‘things’ I’m talking the fundamentals such as war or peace, the economy, the environment, social issues, employment, taxes and laws that are rescinded, passed and so forth. Things that always, when any new Administration takes over and whether people understand it or not, sooner or later have a direct impact on their daily lives.
Hence, though highly unlikely the first of those 3 things that might happen with the incoming U.S. regime is that things will pretty much remain as they were (status quo) under the previous Administration. However, if they don’t then only two other possibilities exist. Things will get better or things will get worse.
In the U.S., for example, and going back to when George Washington was first elected President in 1789, at the core of his and every new Presidency since, those 3 things (will stay the same, get better or get worse) is the simplicity of it all.
During the past couple hundred years, as a nation — and pick the era — we’ve had some great times during some Administrations, some so-so times during other ones and we’ve endured other times and Administrations when things weren’t so hunky-dory, times many Americans would not care to experience or revisit.
So here we are getting ready to kick off 2017 and with the soon-to-be 45th President of the United States preparing to be sworn into office the issue all Americans must now confront is which of the 3 possible outcomes is rapidly rolling down the road towards them that will surely affect many people’s near and long term futures.
What is important to keep in mind is that among the 3 possibilities the odds are 66.6% against things getting better, 66.6% against things remaining the same and 66.6% against things getting worse. And to my peculiar way of thinking those odds are kinda like rolling the bones for point in a crap game and if instead a 7 comes up – ‘WINNING’ (aka: getting better) is not the likely outcome.
I am personally going to hope for the best! That things will get even better! But at the same time I’m going with the odds that favor things will either remain the same or worsen and to all those working in the timeshare industry I highly recommend they, too, hope for the best but be prepared should the outcome not be so rosé, so to speak.
And by being prepared I’m basically thinking about the possibility, as some experts are predicting, of another national and/or worldwide ‘Great Recession’ like the most recent one that had, without question, a devastating consequence that affected the global timeshare industry and all those working in ‘the-biz’.
Or, perhaps, there will be more war but on a much larger scale and should that happen and/or the national/global economy hits the skids once again how will those events influence consumer confidence, their buying traits as well as the careers, incomes, savings, investments and retirement plans, etc. of those working in our industry?
The adage that comes to mind that comforts me best is that it is sometimes better to err on the side of caution because by doing so and if things indeed get better, well, I would argue by being vigilant nothing was lost.
Equally true, if things remain the same (status quo) then preparing was a safe bet, too, we break even and again, nothing lost.
But if things get worse what are we all going to do if we refused to even consider the probability let alone prepare for the possibility?
And speaking of the variables, possibilities, warnings, forecasts and other signals of which there seems to be no shortage strongly indicating many things will soon change; what, for example, did it mean that on the very day the President-elect won some for-profit publicly traded companies that build and manage private prisons in the U.S. took great pleasure watching their stocks surge, some by more than 40% in a matter of hours?
I don’t know the answer(s) to what is going on or what may happen next because it’s all out of my control and far above my pay grade. But preparing for what might be inevitable is something, just in case, that I will do and so can everyone else in the Land of Time who is alert and pondering the only 3 possible things that will happen.
Good Luck Out There
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